Are you ready to take the plunge into homeownership? The cost of renting has continued to increase while the costs of buying along with interest rates have continued plummeting. The purchase of your first home can be quiet daunting. The process of getting pre-approved for a mortgage, hiring a realtor, finding a home, getting it..
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Homeowners looking to refinance or hoping to buy a new home in 2017 all have one thing in common, they will all need to get the money to make it happen. Below you will find helpful advice that applies to mortgages in 2017. Homeowners can make a small down payment or none at all: Mortgage..
Before you purchase your first home and finance your very first mortgage there are a few things to consider. Consider the following as you embark on your new life journey into homeownership. Before you hire a realtor or start looking at homes it is important to meet with a mortgage broker. Once you have met with a mortgage..
In our last installment on mortgage options we discussed three popular options including the thirty and fifteen year fixed rate mortgages and adjustable rate mortgages. Throughout this installment we will look into other popular options homeowners have when looking into financing a home. Interest only mortgages can be either fixed or adjustable rate and offer..
When it comes to mortgage options there are more than a few options to choose from. In this installment we will look at popular mortgage options from fixed to adjustable, thirty to fifteen years and more. The first option we will discuss is the most traditional type of mortgage available is the thirty year, fixed..