Finances, Lending, Real Estate, Rental

Four reasons why 2016 is a good time to buy a home | 2015-11-10 | HousingWire

With 2016 fast approaching, now is the time for renters to get off the sidelines, start organizing their finances and take on the excitement of homeownership.But given the recent history of the housing market and Americans’ increasing need to stay mobile, it is understandable that it can be nerve-wracking to invest your hard-earned money in a home. Is 2016 your…

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Lending, Real Estate

Check Your Credit Score & Report Before Buying a Home | Credit.com

Your credit score helps determine the rate and conditions you receive on a loan. If your credit score is high, meaning that your credit history indicates that you’ve paid your credit card bills on time, haven’t “maxed out” your credit cards, etc., then lenders believe it’s a fairly good bet that you won’t have difficulty paying off your loan. They…

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Lending, Real Estate

Low mortgage rates are good for buyers and refinance

In a time of meager income growth, low mortgage rates have played an integral role in enhancing affordability and re-inflating home prices. Low rates increase the ability of a given income to afford a higher-priced home. Source: Low mortgage rates are good for buyers and refinance

Lending, Real Estate

Is it time to buy a new home? Interest rates predicted to increase by end of 2015

As predicted by many economists, the Federal Reserve is indeed considering raising the Federal Funds Rate later this year, Fed Chair Janet Yellen said Friday. In a speech at the Providence Chamber of Commerce in Providence, RI, Yellen said that the Fed is seeing widespread economic improvement and expects that improvement to continue. And if the economy improves as expected,…

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