September 2021 Archives

03 Sep 2021

FICO Scores and Your Mortgage: How to Bump Your FICO Score to Secure a Better Mortgage Rate

Mortgage Rates

Is your credit score holding you back from getting the best rate on your next mortgage? The good news is that there are actions that you can take to increase your credit score and improve the interest rate offered on your next home loan. Here are a few easy and effective tips to help you get your credit score to where you want it to be. Increase The Amount Of Credit Available To You The easiest way to increase your credit score is to increase your credit limit, as this reduces your utilization ratio. To do this, you can either apply for another credit card or ask a current credit card…

3 Reasons Why the Cost of Title Insurance is Worth the Investment

Home Mortgage Tips

Title insurance is one of the few types of protection policies available to homebuyers and one that is often overlooked because of its optional nature. Because title insurance is purchased simultaneously with the home, it can be very easy to forego when looked at alongside all the additional fees that are associated with purchasing property. This is typicaly not advisable, as title insurance is one of the smartest forms of protection a homeowner can buy. Here are just three reasons why every purchaser should get title insurance. It's The Best Protection Against Fraud Title insurance protects the owner of a home from any claim made against their property, whether or not…

Case-Shiller: June Home Prices Higher

Financial Reports

S&P Case Shiller Home Price Indices reported new record gains for home prices in June. The National Home Price Index rose by a seasonally-adjusted annual pace of 18.60 percent as compared to May’s home price increase rate of 16.80 percent. Home prices were 41 percent higher than they were during the 2006 housing boom; home price growth was driven by high demand for homes coupled with short supplies of homes for sale. 20-City Home Price Index Posts Month-to-Month Home Price Gain of 2 Percent The S&P Case-Shiller 20-City Home Price Index posted a two percent gain in June as compared to May. Home prices rose by 19.10 percent on a…