Have you been considering a mortgage for your next home purchase? As with any loan or financial product, there are a variety of fees and costs you may incur in the process of closing your mortgage. In today's post, we'll explore a few of these potential fees and the situations in which you may encounter them. Let's get started! Title Insurance Costs You're almost certainly going to incur insurance fees and charges. In most cases, you'll need to pay for title insurance for the lender, which is … [Read more...]
Understanding the Differences Between ‘Prequalified’ And ‘Preapproved’ For a Mortgage
Are you in the market for a new home? If you are going to rely on mortgage financing to cover some of the purchase cost, you will need to start the application process as soon as possible. However, what if you just need to know how much you will be able to borrow so you can start finding homes in your price range? Let's take a quick look at the difference between being 'prequalified' and 'preapproved' for mortgage financing. The Process Starts With Prequalification The first step in obtaining … [Read more...]
Ready to Buy Your First Home? Don’t Forget to Check Your Credit Score – Here’s Why
Whether you're just out of college, recently married or simply haven't jumped into the market yet, buying your first home is an exciting prospect. It can also be an expensive one, which is why most people will take out a mortgage to help finance the cost. If you are planning on engaging with a mortgage lender, you'll need to have your finances in order. In today's post, we'll share a few key reasons why you'll want to check your credit score well in advance of buying your first home. Your Credit … [Read more...]
What’s Ahead For Mortgage Rates This Week – September 5, 2017
Last week's economic reports included readings on home prices, pending home sales and construction spending. Weekly reports on mortgage rates and new jobless claims were released along with labor-sector readings on Non-Farm Payrolls, ADP employment and National Unemployment. Case-Shiller: Three Western Cities Hold Top Three Places for Home Price Growth According to Case-Shiller's June edition of its 20-City Home Price Index, the top three spots were again held by Seattle, Washington, Portland … [Read more...]
- « Previous Page
- 1
- …
- 483
- 484
- 485
- 486
- 487
- …
- 588
- Next Page »