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Mortgage Explorers News: No Cost Appraisals
Looking to buy a new home or refinance? Now through December 31, we’ll cover the cost of your appraisal at closing — up to $525 on all conventional loans. Program FAQ’s Available on Conventional Products – Refinances and Purchases Up to $525 Credit up to 97% Loan to Value Ask us how you can qualify […]
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2017 Mortgage Trends and What They Mean for You!
2016 proved to be a great year for real estate with historic low interest rates and home sales up 12% from 2015. But what do mortgage experts expect in 2017? While we don’t know exactly what to expect from the mortgage industry in 2017, we do know one thing – change is coming. 1. Fewer Homes on […]
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Four Predictions for the 2016 Housing Market
1. Rent Prices are Expected to Increase This Year National vacancy rates for rental properties are down to 6.8%, which is the lowest rates have been in almost 20 years. With a lack of rental properties available this leaves renters with no room to negotiate prices. Rental rates are expected to rise 8% by the […]
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Study Finds Consumers Shop for Everything but Their Mortgage
Americans are always shopping for a good deal, except when it comes to their mortgage. Earlier this year the Consumer Financial Protection Bureau released a report that revealed over 40% of Americans do not shop for their mortgage. The report brought out that shopping for loan rates can save you thousands by comparing just three lenders. […]