First Time Homebuyers, Lenders, Mortgage, Real Estate
For most home buyers, pre-qualification is the first step to buying a house whether you are ready to buy now or as you gather info to determine when you will be ready. Here are three steps to help get you from pre-qualified buyer to homeowner. Step 1:...
Foreclosures, Mortgage, Real Estate
Mortgage delinquenies continue to exist in high numbers, but TransUnion is reporting that we have had six consecutive quarters of decline in mortgage delinquencies. The rate at the end of the second quarter of 2011 was 5.8% for the national average. The rate...
Homeowners, Mortgage, Real Estate, Saving Money
Wise consumers are fleeing the insecurity of the adjustable rate mortgage (ARM) loan for fixed-rate loans. According to the latest mortgage application data from the Mortgage Bankers Association (MBA), borrowers are clearly choosing fixed-rate loans over adjustable...