Securing a Lower Mortgage Rate can save you thousands of dollars over the life of your home loan. Here are 8 simple ways to do so. Mortgage rates have been on a roller coaster ride this year, rising and falling amid inflationary pressures and economic uncertainty. And even the experts are divided when it comes […]
Articles about Financing for Real Estate
On this page, you will find articles about real estate financing, mortgages, credit, and credit reports. Learn more about real estate financing for home buyers and homeowners.
A Competitive Credit Score Saves Big When Actually Buying a Home
Your Credit Score is incredibly important when you plan to buy a house or refinance a home mortgage. Yet this is one of the most overlooked parts of a home buying plan. The challenge is to start well ahead of the actual purchase of a home so you can position yourself in the best possible […]
Tips for Buying a Home Even When Your Credit Profile Isn’t Ideal
Guest Post by Bob Shannon Photo from Pixabay When making large purchases that require a loan, building a good credit score is critical. Despite your best efforts, you may find that your credit profile isn’t ideal when it comes time to purchase a house. Many people find themselves in this situation, but there are things […]
Lowest Mortgage Rates in History: What It Means for Homeowners and Buyers
In July, the average 30-year fixed-rate mortgage fell below 3% for the first time in history.1 And while many Americans have rushed to take advantage of this unprecedented opportunity, others question the hype. Are today’s rates truly a bargain? While average mortgage rates have drifted between 4% and 5% in recent years, they haven’t always […]
Should I Make My Mortgage Payment During the COVID-19 Pandemic? [VIDEO]
Question: Libby, should I make my mortgage payment during the COVID-19 pandemic? Answered by Libby Guthrie Video Transcript Hi, I’m Libby Guthrie with Keller Williams in Northern California, and I’ve had a lot of clients ask me recently whether or not they should make their mortgage payment in light of the COVID-19 situation. So I’m going […]
How Will the Fed Slashing Interest Rates Affect Mortgage Rates?
As you may have heard, the Federal Reserve (Fed) slashed interest rates this week to 0% in response to the economic crisis spurred by the COVID-19 virus pandemic. So, many of you are wondering how this will affect your current mortgage rate or your ability to purchase a home under the new interest rates set […]
Home Equity – How to Leverage Home Equity to Build Wealth
Home equity is the market value of a homeowner’s unencumbered interest in their real property, that is, the difference between the home’s fair market value and the outstanding balance of all liens on the property. In economics, home equity is sometimes called real property value. (Wikipedia) Homeownership offers many advantages over renting, including a stable living environment, […]
