Last week’s economic news was dominated by labor reports and FHA’s announcement that it will lower its mortgage insurance premiums in an effort to make homes more affordable for first-time and moderate income home buyers. Mortgage rates fell last week as employment reports showed strengthening job markets.
Tankless Water Heaters: The Pros and Cons of Going Tankless In Your Home
Large water heaters are unsightly appliances that home-sellers would rather hide. Although it’s not always possible to banish these structures, it is possible to replace them with a version that is not as overbearing.
FOMC Minutes: Low Inflation Rates Won’t Delay Rate Hikes
The minutes of the Fedâs Federal Open Market Committee (FOMC) indicate that Fed policymakers arenât concerned about low inflation rates as an obstacle to raising the target federal funds rate.
It’s 2015! Get a Jump on Your Payments with Our Quick Guide to Paying Your Mortgage off Sooner
With the start of the New Year, it’s common to set new resolutions. While there are many goals that are worthwhile, paying off your mortgage as soon as possible can significantly improve your financial position and is a great goal to aim for.
FICO Scores: How Does Your FICO Score Impact Your Mortgage? Let’s Take a Look
Most people have heard the term FICO score, but some remain confused as to what it actually is and if it affects them when they try to obtain a mortgage. A few questions can be answered to help people understand how it can affect the amount of interest you pay on your loan.
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