Federal Reserve: No increase in rates…this time… The Federal Reserve Bank’s Open Market Committee (FOMC) finished up its meeting today and, as was expected, didn’t increase interest rates. What The Fed Said Last month’s decision to bump rates higher at…
What to do when you have to move? What do you do if your professional, educational or personal life changes, and you have to change your address may as well? If you own your residence, should you maybe think about…
Mortgage Underwriting Conditions Mortgage underwriting conditions (or sometimes commonly referred to as just “conditions”) come in variety of forms. In many cases, the first underwriter you come up against isn’t even a human being. It’s most likely some kind of…
Use HELOC Wisely Generally, for a lot of homeowners, a significant portion of their funds are tied up in their house. But a vast number are no longer ok with sitting on that nest egg and watching it develop. They…
Renters losing the “rent race” Things are looking terrible for renters. According to some new data, most can’t afford to actually live where they want, or the places they can afford don’t offer the amenities folks are looking for. Regretting…
Good, Bad, or Ugly: You Decide The Trump Administration rolled out its plan to reorganize the federal government. The proposal is partially the work of Office of Management and Budget Director and the acting head of the CFPB Mick Mulvaney,…
What not to do before you have your funds… Just because your mortgage loan has been approved doesn’t mean you can take it easy. Try to avoid these three things for a smooth home closing: Changing your down payment source Increasing credit…
High hopes Just how much does the average American dream home cost? According to a new survey, about $1.3 million (or more, if you’re male or a Millennial.) The price of a dream home A recent survey analyzed how Americans…
Tip #1 for moving to Seattle: DON’T! I’m only kidding of course. Well, sort of. Seattle’s been a fairly popular city for decades, but as of recently, it has definitely become more popular than ever. A picturesque city located on…
Where ever there is money to be made or money to be spent, there are unscrupulous folks will try and take advantage, trying to dupe the system or commit flat-out fraud. Getting a home loan is no different. There’s all…
