The Cost of Waiting If you are thinking about buying a home, is there a cost of waiting? What about renting versus owning? Finally, have you heard we are in a dual market? Well, we decided to run the numbers and the answers may surprise you. Interest rates are at historic lows, but trending upwards […]
Mortgage
What’s a Diamond Worth?
There are typically two ways to figure out how much you can get a home loan for.
Rising Rate Refinancing: 5 Ways to Save
Rising Rate Refinancing : 5 Ways to Save With interest rates trending higher we typically see refinances go down. However, there are several reasons to refinance other than lowering your rate. Let’s take a look at five reasons why you might want to consider a refinance even with rising rates.
Home Scouting: Home Search Made Easy!
Home Scouting Makes Searching For A Home Easy! Doug Haldeman, Mortgage Strategist (NMLS: 298419) with Cornerstone Mortgage shares the free service with his listeners. He and Tammie discusses some of the benefits of the Home Buyer’s Scouting Report and how it is a great way for the consumer to shop for their next home or […]
Record Home-ownership Rates
Record Home-ownership Rates The U.S. home-ownership rate fell to the lowest in more than 50 years as rising prices put buying out of reach for many renters. The share of Americans who own their homes was 62.9% in the second quarter. This is the lowest since 1965, according to a Census Bureau report Thursday. […]
7 Mistakes Millennials Make in Home-Buying
7 Mistakes Millennials Make in Home-Buying Millennials – they’re the generation between 18 and 35; the new young professionals; the recent graduates, and they’re also coming into the housing market in droves. Usually, they’re also first-time homebuyers, which means that they have the potential to make mistakes in the home-purchasing process. Here are the […]
Credit Lessons Your Parents Didn’t Teach You
Credit Lessons Paying interest is really painful. It can be difficult to take the wisdom from the generations that lived through their life lessons. When it comes to analyzing your parents credit it just may help you understand what not to do or what to do. Here are some lessons we wish our parents had shared:
Shopping Around For a Mortgage?
Shopping Around For A Mortgage Here’s the inside scoop on how to do it right! First: Are you working with a TRUE Mortgage Professional? The largest financial transaction of your life is far too important to place into the hands of someone who is not capable of advising you properly and troubleshooting the issues that […]
Buying A Home Comfortably
Buying A Home Comfortably When you begin your home search it is always a good idea to figure out how much home you can comfortably afford. You may have been preaqualified for a certain amount but will that allow you to live as you would like to live. We are going to take a look […]
Bank, Banker, & Broker- What’s the Difference?
Bank, Banker, & Broker- What’s the Difference? You may have been flooded with information about the mortgage and banking industry and from your view point, a lender is a lender. Distinguishing the differences between banks, mortgage bankers and mortgage brokers can save you some frustration, time, and in some cases, money.
