With low interest rates and uncertainty as to where the real estate market will be in the next six months, many people are opting into ownership and investing in a home. Interestingly, according to the National Association of Realtors, approximately … [Continue reading]
What’s Ahead For Mortgage Rates This Week – May 22, 2017
Last week's economic reports included readings from the National Association of Home Builders, Commerce Department readings on housing starts and building permits and weekly reports on mortgage rates and new jobless claims. NAHB Housing Market Index … [Continue reading]
The 10-year Mortgage: Why a Shorter Amortization Period Can Be Your Best Option
From 'down payment' to 'adjustable rate' to 'debt-to-income' ratio, there are so many terms involved in the mortgage process that it can be hard to learn them all and keep them straight. However, whether or not you've heard it, the term 'amortization … [Continue reading]
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