The FHA streamline refinance isn’t right for everyone, but if rates significantly dropped or you can afford a fixed-rate loan and want out of an ARM, it can make sense. If you’ll stay in the home for the foreseeable future, you can either save money on interest or have a more predictable payment.
What’s Ahead For Mortgage Rates This Week – October 25, 2021
Last week’s economic reporting included the National Association of Home Builders’ Housing Market Index reports on building permits issued and housing starts, The National Association of Realtors(R) reported on sales of previously owned homes, and weekly readings on mortgage rates and jobless claims were also published.
Applying for a Mortgage? 3 Easy Ways to Make the Process Easier — and Reduce Your Stress
There are more than enough details involved in getting a mortgage and moving into your own home that you’ll want to know how to make the process as seamless as possible beforehand. If you’re currently looking for a home and are wondering how to streamline the approval process, here are some things to do before applying to minimize mortgage-related stress.
Deciding On A Mortgage For Buying A Fixer Upper
It can be difficult to find a dream house, so many potential homeowners might be looking to save money by purchasing a home that they need to repair. Often referred to as a fixer-upper, this is a house that may require some extra work to restore to a livable condition. Not only is this a great opportunity to customize a home, but it could also be a valuable investment.
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