Tag Archives: mortgage

Home builder confidence is growing as the economy is gradually improving. Many believe that the economy is still in crisis, but at this point most experts agree that it is gradually improving. This is motivating more people to consider taking out a new Texas home loan or mortgage.

Lending rates are at an all time low and this is offering those with good credit an excellent opportunity to get in on the ground floor of home and property ownership. Even those who already have a mortgage may be enticed to purchase a second home, business property or even investment property. Continue reading

Posted in Bad Credit Mortgage, Houston Mortgage News, Mortgage Rates, Refinancing News, Tips & Tricks, Uncategorized | Tagged , , , | Comments Off

The first thing Americans need to keep in mind when they read anything pertaining to an election is that the author almost always has an agenda. A quick internet search for “Will the presidential election affect mortgage rates?” will turn up a variety of results with just as many different opinions on the potential impact of each candidate on the real estate industry.

The fact of the matter is, nobody knows exactly what will happen. It is impossible to answer a question like, “Will the presidential election affect mortgage rates?” because there is no way to know all of the variables that will come into play. Continue reading

Posted in Bad Credit Mortgage, Houston Mortgage News, Mortgage Rates, Refinancing News, Tips & Tricks, Uncategorized | Tagged , , , | Comments Off

First of all we need to understand that the overhaul was put in place to make the system work effectively. The question we need to ask ourselves is how the overhaul has manifested itself?

The overhaul has manifested itself in the form of reduced APR. The reduced APR has in turn enabled many citizens acquire property, refinance their property, reduce the amount of monthly payments and also buy other new properties for residential and investment.
So, will the overhaul do any good? Yes. In this section I will answer it in subheadings:

Housing production gone up Continue reading

Posted in Bad Credit Mortgage, Houston Mortgage News, Mortgage Rates, Refinancing News, Tips & Tricks | Tagged , , | Comments Off

Many people got into financial trouble during the recession when home prices decreased dramatically and homeowners were left with a mortgage that exceeded their homes value. While some people chose to stick it out and hope for a rebound in home prices, others decided to simply walk away from their homes which left many banks on the hook for these homes. While that is mostly in the past and we are not seeing significant declines on homes purchased since the recession began, what is the best advice for individuals who are considering using a home loan to purchase a home during these turbulent times?

All real estate, as many realtors like to mention, is local. What may be true in one location will not necessarily have the same impact in another. This is true even of major worldwide events. Even during the recession, home prices in certain areas, like New York, did not decrease nearly as much as they did in other locations such as Florida. As such, this article is concentrated on Texas and the specifics of the housing market in this location. Continue reading

Posted in Bad Credit Mortgage, Houston Mortgage News, Mortgage Rates, Refinancing News, Tips & Tricks, Uncategorized | Tagged , , , , | Comments Off

A home is a primary human need. It is at par with food and clothing. This is why having a place to call home is important for the psychological growth of a person. It provides stability to the person. Homelessness … Continue reading

Posted in Bad Credit Mortgage, Houston Mortgage News, Mortgage Rates, Refinancing News, Tips & Tricks, Uncategorized | Tagged , , , , | Leave a comment

Today’s economy can be very rough. One of the biggest downsides to a poor economy is frequent foreclosures. Luckily, there is financial aid available. Foreclosures happen when a person cannot afford their mortgage.

Mortgages can be very expensive because of high interest rates. This is why it is favorable to find a low interest rate instead. U.S. aid can help you get a great refinance mortgage deal. Because of today’s bad economy, foreclosures are becoming a bigger problem. Anyone is at risk of foreclosing because of the unstable job market. If you are in a tight situation, have no fear.

There are plenty of financial aid services out there. Financial aid is usually supplied by the government. The government is trustworthy when it comes to financial aid and loans. Foreclosure can be very devastating. Continue reading

Posted in Houston Mortgage News, Mortgage Rates, Refinancing News, Tips & Tricks | Tagged , , , , | Leave a comment

It is a huge disappointment for anyone without a mortgage credit to rent a fabulous home only to lose it because the landlord has a poor credit record. It is equally a setback for a landlord who is paying a … Continue reading

Posted in Bad Credit Mortgage, Houston Mortgage News, Mortgage Rates, Refinancing News, Tips & Tricks, Uncategorized | Tagged , , , , , , , | Leave a comment

A bigger home is something that nearly everyone dreams about. In fact, a lot of people simply go to work everyday, with the hope that they will one day earn enough money to actually afford the home of their dreams. … Continue reading

Posted in Uncategorized | Tagged , , , | Leave a comment

If you are looking to take out a mortgage, in order to make home improvements, it is important to make improvements that will not only raise your house value, but actually pay you back. This can be difficult to do … Continue reading

Posted in Mortgage Rates, Tips & Tricks, Uncategorized | Tagged , , , , | Leave a comment

One of the many document’s parts of the mortgage process is the Truth in Lending (TIL) disclosure statement. The Truth in Lending statement, also sometimes called a, “good faith estimate of settlement costs,” is extremely important because it lays out … Continue reading

Posted in Bad Credit Mortgage, Houston Mortgage News, Mortgage Rates, Uncategorized | Tagged , , , , , | Leave a comment