From our friend and Mortgage Expert, Katie Brinson. Jobs and Confidence: In the past few weeks we have spoken a lot about confidence. Certainly, confidence has been the major influence behind the recent stock rally. It has also influenced the recent movements in rates and oil prices. If this confidence spills over to a hiring spree, then… Continue reading Economic Commentary This Week
When it comes to real estate, there are always going to be upswings in the market that will have an impact on your mortgage payment and overall financial health. However, with a fluctuating market here to stay, you may be wondering how you can guard your biggest investment and your finances against rate increases. If you’re… Continue reading Worried About Future Mortgage Rate Increases?
Not as Tough as Most Believe….. How tough is it to get approved for a mortgage? How low can your FICO credit score go before your lender shows you the door? And how much monthly debt can you be shouldering — credit cards, student loans, auto payments — but still walk away with the home… Continue reading How tough is it to get approved for a mortgage?
If you’re just getting into the real estate market, you may have heard that 20% down is the ideal percentage in order to lower your monthly payments and get your mortgage application approved. However, while 20% is often suggested, many people struggle to come up with this amount of money. If you’re staving off home… Continue reading Mortgage Myths: Here’s Why You Don’t Need a Full 20 Percent Down Payment
You asked and we answered! We reached out to one of experts, Katie Brinson, with McLean Mortgage and this is what she had to say: Short sales have been more common during the last decade as people rebound from the 2008 Foreclosure Crisis, recover from the deaths of spouses, divorce and other financial setbacks. The… Continue reading Q&A: What are the ramifications of a short sale and does the amount matter?
The monthly mortgage payment that goes into purchasing a home is frequently the most expensive cost per month that most people will incur, and that means that it can be helpful to know the tricks of the trade in squaring away this payment more quickly. If you’re looking for some simple tips to get… Continue reading Pay Off Your Home Faster with These Mortgage Tips
Pay Off Your Home Faster with These Mortgage Tips The monthly mortgage payment that goes into purchasing a home is frequently the most expensive cost per month that most people will incur, and that means that it can be helpful to know the tricks of the trade in squaring away this payment more quickly. If… Continue reading Pay off your mortgage in half the time!