Category: Mortgage Information Center

Your Guide To Aging In Place Home Modifications

Your Guide To Aging In Place Home Modifications

April 20, 2018 |

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

Best Tax Deductible Home Improvements for Homeowners

April 19, 2018 |

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

Pros and Cons of Adjustable Rate Mortgages

April 18, 2018 |

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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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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Look Beyond The Interest Rate: What Else Matters When Choosing A Mortgage Lender?

Look Beyond The Interest Rate: What Else Matters When Choosing A Mortgage Lender?

April 12, 2018 |

Most consumers securing a mortgage plan to remain in that loan for 30 years. During that time, the borrower maintains a relationship with the loan servicer or lender. Most often, home buyers do not think twice about who the mortgage lender is, but rather focus on the interest rates offered.

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How The 2018 Tax Changes Can Affect Your Mortgage

How The 2018 Tax Changes Can Affect Your Mortgage

April 11, 2018 |

When the chatter was at its peak on the 2018 tax law changes being proposed, one of the big areas of concern for homeowners was the elimination of the mortgage interest deduction. Right behind that issue was a similar treatment with regards to property tax deductions.

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What’s Ahead For Mortgage Rates This Week – April 9th, 2018

What’s Ahead For Mortgage Rates This Week – April 9th, 2018

April 9, 2018 |

Last week’s economic reports included readings on construction spending, mortgage rates and weekly jobless claims. Other labor-related claims included ADP payrolls, Non-Farm Payrolls and the national unemployment rate.

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6 Money Making Tips For The First Time Home Seller

6 Money Making Tips For The First Time Home Seller

April 6, 2018 |

Today’s homebuyers can have specific ideas and personal preferences that influence their decision on what attracts them to a particular property. While some prefer a fixer-upper, many desire a home that’s as close to turn-key as possible.

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