Guide to Refinancing Your Mortgage

Interest rates are constantly in the news: they’re rising, they’re falling, they’re flat — whatever they’re doing, they keep the thought of refinancing in the forefront of the minds of many homeowners. These folks wonder if they should refinance now, or if they’d be better off to wait a little while longer. Choosing to refinance… Continue Reading

10 Things to Look for When Bargain House Hunting

The glut of homes repossessed during the housing market crash have mostly been reabsorbed into the system, leaving lots of new home buyers wondering how they’ll ever find a house they can afford. If you’re looking for a bargain in the housing market, don’t despair — there’s always a good deal to be found if… Continue Reading

FHA HAWK is a Perfect Solution for First Time Buyers

When you finally decided it was time to buy a home of your own, you probably had visions of flower-filled window boxes, freshly mown grass, custom painted rooms and neat little touches that made it truly your own. You probably didn’t give a thought to things like interest rates and mortgage insurance premiums, but today’s… Continue Reading

Knowing if it’s Time to Rent or Buy

There’s a certain fantasy that penetrates the American psyche, we like to call it The American Dream. It varies slightly between regions, but basically, it involves the triad of homeownership, stable employment and a marriage with 2.3 kids. Maybe that white picket fence was ideal in 1950, but times have changed dramatically since the American… Continue Reading

Understanding the price of Closing Costs

Buying a house can be a confusing hurricane of paperwork, with lots of indecipherable legal documents and technical terms being tossed around. By the time you get to closing, you’re holding on by your fingernails, and just thankful that it’s almost over. You’re exhausted, emotionally and physically, but there’s just a little bit more to… Continue Reading

12 ways to reduce your mortgage payment

Even though the housing market seems to be rebounding, we are still living in uncertain times and people are increasingly conscious of how much money they’re spending on necessities. If you’re like most people, you’ve managed to slim your grocery budget, reduced your heating costs and eliminated those subscriptions you barely use so you can… Continue Reading

Mortgage Insurance vs. Secondary Mortgages

After another rise in FHA mortgage insurance rates during the last year and the announcement that borrowers may be locked into those payments for the life of their loans, a lot of people are taking a second look at second mortgages. Piggyback seconds, those small mortgages used in conjunction with a Conventional mortgage at the… Continue Reading

Comparing FHA, VA, Conventional, Jumbo and USDA Loans

So you’ve finally landed that promotion, finished college, gotten married or have just gotten tired of throwing your rent money into an endless pit and are starting to investigate the housing market.  Maybe you’ve even spotted a house that you feel a deep emotional attachment to – but before you step one foot inside, you… Continue Reading