Mortgage Information Center

Your Guide To Aging In Place Home Modifications
April 20, 2018 |

Your Guide To Aging In Place Home Modifications

If you’ve had to watch your parents transition into assisted living, you may have no desire to call such a place home. You are not alone. According to the Aging in Place Housing Survey conducted by the American Association of Retired Persons (AARP), more than 90 percent of seniors want to remain in their home.

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Best Tax Deductible Home Improvements for Homeowners
April 19, 2018 |

Best Tax Deductible Home Improvements for Homeowners

Before delving into tax-deductible home improvements, it’s important to understand that these tax deductions won’t be applied immediately. In most cases, homeowners can only benefit, tax-wise, from their home renovations later, when they sell their home.

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Pros and Cons of Adjustable Rate Mortgages
April 18, 2018 |

Pros and Cons of Adjustable Rate Mortgages

When you are in the market for a new home, you may be faced with numerous options for financing your home. One of the choices you will have to make is whether to apply for a fixed or adjustable rate mortgage. In some cases, an adjustable rate mortgage (ARM) may be your best option, but keep in mind, they are not the answer for everyone.

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Real Estate

The Younger Mortgage Market: Move Over Millennials, Gen Z Is Moving Into Home Ownership
April 3, 2018 |

The Younger Mortgage Market: Move Over Millennials, Gen Z Is Moving Into Home Ownership

Although the majority of the Generation Z population make $25,000 or less per year, they really have embraced the American Dream of home ownership.

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5 Tips For Prospective Buyers To Submit A Winning Offer
March 28, 2018 |

5 Tips For Prospective Buyers To Submit A Winning Offer

In a hot real estate market, agents often tell buyers they must expect to make multiple offers before one is accepted. Disappointment may be the new normal rather than an exception. The stress of repeated rejections isn’t easy, so be prepared.

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3 Reasons Why Buying an Investment Property Is the Best Way to Build Your Net Worth
February 8, 2018 |

3 Reasons Why Buying an Investment Property Is the Best Way to Build Your Net Worth

Whether you have recently graduated from college or are getting close to retirement, it’s likely that you have given some thought as to how you can grow your net worth. You might have invested in stocks, picked up a few bonds or have a 401(k) plan set up to help fund your retirement. But have you considered buying real estate as part of your portfolio?

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Market News

Over 5 Trillion Dollars In Home Equity May Lead To More Cash Out Transactions
March 27, 2018 |

Over 5 Trillion Dollars In Home Equity May Lead To More Cash Out Transactions

US homeowners now have over 5 trillion dollars in home equity which is a very large amount of money! So this year may be the year for a lot of cash out refinances and other home equity mortgage products. Most often, when you are purchasing a home, you are buying at or below the appraised value and you are making a down payment.

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Case-Shiller Home Price Index: National Home Prices Reach Pre-Recession Level
August 30, 2017 |

Case-Shiller Home Price Index: National Home Prices Reach Pre-Recession Level

According to the Case-Shiller National Home Price Index for June, Seattle, Washington continued to lead home price growth for the tenth consecutive month with a June reading of 13.40 percent growth year-over-year. Portland Oregon held second place for home price growth in the 20-City Home Price Index in June but trailed Seattle by 5.20 percent with 8.20 percent year-over-year home price growth. Dallas Texas held third place with a year-over-year home price growth rate of 7.70 percent. The 20-City Home Price Index increased by 5.70 percent year-over-year and was unchanged from May’s reading.

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NAHB: Builder Sentiment Surges in August
August 16, 2017 |

NAHB: Builder Sentiment Surges in August

Home builder confidence in housing market conditions surged in August after sagging to an eight-month low in July. The National Association of Home Builders reported a July reading of 68 in August after analysts expected a one- point increase from July’s Housing Market Index reading of 64. Any reading over 50 indicates that more builders consider housing market conditions positive than those who do not.

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Home and Garden

7 Tips To Plan A Spring Yard ‘Tune-Up’ Before Listing A Home For Sale
March 30, 2018 |

7 Tips To Plan A Spring Yard ‘Tune-Up’ Before Listing A Home For Sale

The oft-repeated maxim that there is never a second chance to make a great first impression is especially true when it comes to real estate. Street appeal may focus on a dramatic approach to the front door, but prospective buyers will be especially “wowed” by an appealing back yard.

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Tired of Waiting for Summer? 3 DIY Projects That Will Keep You Busy Until the Weather Warms Up
March 9, 2018 |

Tired of Waiting for Summer? 3 DIY Projects That Will Keep You Busy Until the Weather Warms Up

Do you find yourself staring out the window, longing for an early sunrise, hot days and late evenings? With spring just around the corner, it might feel like summer is a lifetime away. However, the good news is that you can be productive around the home while you wait for summer to arrive. Let’s take a quick look at three easy do-it-yourself projects that will keep you busy until the summer sun is shining.

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Spring Is Coming: Get a Jump on Spring Cleaning and Breathe New Life into Your Tired Spaces
January 31, 2018 |

Spring Is Coming: Get a Jump on Spring Cleaning and Breathe New Life into Your Tired Spaces

Spring is almost here – and with it, the need to clean out the clutter and freshen up your home. Let’s explore a few tips that will help you to get a jump on your spring cleaning so that you can get outside and enjoy the nice weather later.

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Other Recent Posts

Should You Pay Discount Points When You Get Your Mortgage?

Should You Pay Discount Points When You Get Your Mortgage?

April 17, 2018 |

One of the challenges you will face when deciding how much money to put down on your new home is whether to put down a larger down payment or to take a bit of money from your down payment and use it to buy “discount points” to lower your interest rate.

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What’s Ahead For Mortgage Rates This Week – April 16th, 2018

What’s Ahead For Mortgage Rates This Week – April 16th, 2018

April 16, 2018 |

Last week’s economic reports included readings on inflation, the minutes of the most recent meeting of the Fed’s Federal Open Market Committee and weekly reports on mortgage rates and first-time jobless claims.

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The Humble Vegetable Garden: A Fun, Health-conscious Home Project for the Entire Family

The Humble Vegetable Garden: A Fun, Health-conscious Home Project for the Entire Family

April 13, 2018 |

Whether you are hunting for a project that will pry the kids away from their phones or you just want a head start on the spring, few home projects are as rewarding as a vegetable garden. Invest a few hours in planting today, some maintenance throughout the year and soon you’ll be enjoying some delicious, home-grown veggies. Ready? Let’s get started!

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