Last weekâs housing related news was minimal, but a Federal Reserve survey of senior loan officers revealed that although credit standards for commercial and industrial loans as well as credit cards are easing, current mortgage credit standards are more stringent than in 2005.
Five Absolute Truths About the Home Buying Process That You Will Need to Come to Terms With
Buying a home is an exciting time, but there can be setbacks. In this article we’ll share 5 potential setbacks that home buyers will need to come to terms with to make a successful purchase.
Is a 40-Year Mortgage Worth It? How to Decide Whether or Not This Longer Term is Right for You
If you’re thinking about a mortgage, you may be wondering what length of payment term to choose. Here are some points to consider to see if a 40-year mortgage is appropriate for you.
Why a Detached Garage Can Drastically Improve Your Resale Price
While there are many steps that you can take to improve your property, the addition of a detached garage may be beneficial to you and may drastically improve your resale price when you are ready to sell.
The Summer Buying Season Is Here: 3 Tips to Help You Secure a Favorable Mortgage Rate
The best way to ensure you get a good rate on your mortgage is to become an informed buyer. The more you know about mortgages, the more you’ll be able to save, and that doesn’t just mean knowing where to find the best interest rate.
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