Mortgage Rates Dip Slightly, Offering Small Relief in Tough Housing Market
This week, the average interest rate for a 30-year fixed mortgage went down a little, breaking a seven-week streak of increases. This provides a bit of comfort for people looking to buy a home in a market where prices are quite high. The average rate…
5 Mortgage Questions Co-Signers Need to Ask (VIDEO)
5 Mortgage Questions Co-Signers Need to Ask (VIDEO) Typically regarded as a rite of passage when growing up, purchasing a home is a major life decision and one that should not be taken lightly. After all, mortgage payments can last for decades and can be…
6 Ways to Avoid Getting Your Mortgage Application Denied (VIDEO)
6 Ways to Avoid Getting Your Mortgage Application Denied (VIDEO) Avoid getting denied when you’re looking to buy a house or condo. If you’re like most of us, you will need to look into getting a mortgage. Applying for and getting improved for a mortgage…
The Pros and Cons of Releasing Equity With a Remortgage (VIDEO)
The Pros and Cons of Releasing Equity With a Remortgage (VIDEO) Once your mortgage term is up you’ll have the option to remortgage to a distinct or different lender with (hopefully) better rates of interest and terms. As part of any remortgage, most lenders give…
Buying a House: The Difference Between Paying Cash or Getting a Mortgage
Buying a House: The Difference Between Paying Cash or Getting a Mortgage Buying a house with cash isn’t a bad idea but it might raise some eyebrows since most people don’t have $400,000+ just laying around. With so many people struggling just to save up…