21 Apr 2022
By Mortgage Blog Content

What To Think About Before Investing In Real Estate

Real Estate
Do you want to invest in real estate? If you are buying property as a real estate investor, there are a number of important factors to consider. Take a look at some of the most important factors to think about before you decide to sign your closing papers. Location, Location, Location Just as with your primary residence, it is important to think about the location of your investment property. Location is the most important factor in the value of just about every property, and your investment property is no different. You need to think about the proximity of your property to amenities, the safety of the area, and its proximity to…
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06 Oct 2021
By Mortgage Blog Content

Getting Your Mortgage Application Approved As A Self-Employed, First-Time Homebuyer

Real Estate
A significant number of people are self-employed, which means they might be relying on this income to apply for a mortgage. It is true that people who are self-employed may face additional challenges when trying to get approved for a home loan when compared to someone with traditional W2 income, these are obstacles that can be overcome. With the right qualifications and documentation, even first-time homebuyers who are self-employed should be able to qualify for the home loan they need. Lenders Assess Someone’s Ability To Repay The Loan First, lenders are trying to make sure the person will repay the loan. Lenders believe that someone with W2 income has a stable…
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16 Apr 2021
By Mortgage Blog Content

NAHB: Home Builder Confidence Ticks Up in April

Real Estate
The national reading for home builder confidence rose one point to an index reading of 83 in April; the National Association of Home Builders predicted a reading of 84. Component readings for April’s national index readings were mixed.  Builder confidence in current market conditions for single-family homes rose one point to 88. Builder confidence in market conditions for single-family homes in the next six months fell two points to 81 but homebuilder confidence in buyer traffic in new home developments rose two points to an index reading of 75. Readings over 50 indicate a majority of builders are positive about housing market conditions. Buyer traffic readings published before the pandemic rarely…
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18 Nov 2020
By Mortgage Blog Content

NAHB: Rising Demand for Homes Boosts Builder Confidence

Real Estate
Builder confidence in housing market conditions reached a new record high in November according to the National Association of Home Builders. November’s index reading of 90 was five points higher than in October. Index readings over 50 indicate positive builder sentiment toward market conditions. Readings for the Housing Market Index fell below 50 in April and May as the COVID-19 pandemic grew. Component readings for the Housing Market Index rose six points to 96 for current housing market conditions and one point to 89 for builder confidence in home sales in the next six months. Builder confidence in buyer traffic in new housing developments rose three points to 77. Readings for…
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21 Aug 2020
By Mortgage Blog Content

Tips For Deciding The Value Of A Home

Mortgage Tips, Real Estate
Homes are more than just a building. They are filled with memories of children taking their first steps, holidays that were celebrated with family members and friends, and Super Bowl parties filled with smiles and cheers. These memories are priceless; however, people cannot let emotions cloud their judgment when they are trying to sell a house. Instead, it is important to focus on the building. There are a few tips that everyone should follow as they try to figure out how much their home is worth. Be Reasonable The first tip is not to price a home too high out of the gate. While it is tempting to start high and…
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18 Jun 2020
By Mortgage Blog Content

Home Renovations Are On The Rise

Real Estate
Millennials are among the most common demographic buying homes today. According to numerous reports that have been published, many homeowners are planning on conducting a home improvement project this year. In large part, this is due to millennials wanting to improve their homes. Furthermore, home improvement projects may have bigger budgets this year when compared to prior years. It will be interesting to see what kind of home improvement projects unfold this coming year. Types Of Home Improvement Projects There are numerous renovation projects that homeowners are going to undertake this year. The most common are outdoor remodels. Many homeowners want to produce encompassing decks, providing a larger space for people…
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