Understanding what an adjustable rate mortgage, or ARM, is in comparison to a fixed rate mortgage can help applicants make a more informed decision about their mortgage plans.
What’s Ahead For Mortgage Rates This Week – August 17, 2015
Last week’s economic reports related to housing were few and far between other than weekly reports on new jobless claims and Freddie Mac’s mortgage rates survey.
House Hunting in a New City? Three Ways to Determine Which Neighborhoods Are Up and Coming
If you’re moving to a new city and you’re looking for an affordable home in a nice neighborhood, one great way to get a fantastic home without paying sky-high prices is by choosing a home in an up-and-coming neighborhood. Communities that are starting to gentrify make it easy to find an affordable home, especially if you buy before the prices start to rise.
Five Required Mortgage Closing Costs – And A Few Tips On How To Minimize Them
Mortgages are expensive, and closing costs only add to the financial burden that homebuyers face. But with a little knowledge, you can pinpoint places to save on your mortgage closing costs and keep more money in your pocket. When youâre negotiating your next mortgage, use these tips to reduce required closing costs and keep more of your hard-earned money.
Real Estate Terminology 101: What Exactly Is A “Buyer’s Market”?
If you’ve been following the real estate and mortgage industry for any length of time, you’ve probably heard the phrase “buyer’s market” at some point. And although the meaning may seem apparent, it takes some study to understand what actually constitutes a buyer’s market. Who decides whether it’s a buyer’s or seller’s market? What’s the threshold for deciding between the two? Hereâs what you need to know.
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