Today's Veterans Affairs (VA) Home Loan
If you are a veteran of the United States Armed Forces, an active duty servicemember or an eligible surviving spouse of a veteran, you may be eligible for a Veteran Affairs (VA) home loan.
May 25, 2021
April 05, 2021
Tips for Navigating the Current Mortgage Market
Although the real estate market was not immune from the effects of business shutdowns and curtailments in 2020, neither was it hobbled: unprecedented low mortgage rates; strong millennial demand; and the flight from city to suburbs hastened buying and selling in America.
February 27, 2021
Mortgage Forbearance Extension
On February 16, 2021, President Biden announced the mortgage forbearance program would be extended through the end of June. This announcement has taken immediate pressure off millions of American homeowners that have been adversely impacted by the pandemic.
February 23, 2021
Cryptocurrency, Home Purchases & Mortgages
Although it has its own set of problems -- and has not become widespread as quickly as advocates had hoped -- cryptocurrency, exemplified by Bitcoin and others, is nevertheless making inroads into world and U.S. commerce. It is even closing in on mortgage finance and property conveyance.
January 11, 2021
With Interest Rates So Low, Should I Pay off My Mortgage?
As the COVID-19 pandemic forced businesses to close and employees to take refuge at home last March, the Board of Governors of the U.S. Federal Reserve System took unprecedented action, lowering the benchmark interest rate to functionally zero percent.
September 22, 2020
Tiny Homes: Covering the Costs
Realtors estimate there are currently over 10,000 tiny homes here in the good old U.S.A. This housing trend seems to show no sign of slowing down anytime soon.
July 28, 2020
PMI: Why is it Needed and When is it Used
Private mortgage insurance, or PMI, is in essence just like other forms of surety. The insurance company agrees to cover the risk to the lender if the borrower stops making monthly payments.
July 10, 2020
Alternative Lenders
The word "alternative" can mean different things in the world of home loans. It may simply refer to a funding business that does not operate out of a brick-and-mortar facility; instead, lending is conducted entirely online.
July 04, 2020
Paying Down Your Mortgage
A mortgage is either a tool to obtain financial security and prosperity…or it is a burdensome budgetary albatross that demands feeding month after month. The role of the home loan is really a matter of how a household manages debt and orders priorities.