December 5, 2019
Mortgage Rates Today Uncertainty surrounding U.K. elections caused U.S. Treasury rates to stay flat last week, as reported by Mortgage Bankers Association. “Despite the 30-year fixed rate remaining unchanged at […]
Read More...
FHA Loans · Mortgage Strategy · Refinance
November 21, 2019
Mortgage interest rates are at historic lows across all major loan types. Ellie Mae’s October 2019 Origination Report stated FHA loans are no exception — average mortgage interest rates decreased […]
Read More...
November 18, 2019
Commonly known as VA home loans, mortgage loans backed by the Veterans Administration offer Veterans and active-duty servicemembers a way to buy a home with zero down payment and lenient […]
Read More...
November 15, 2019
The FHA streamline refinance program helps current FHA homeowners lower their interest rate and monthly payment — it’s a quick and cost-effective way to refinance with lenient documentation requirements and […]
Read More...
November 8, 2019
Usually when a sizable amount of money is deposited into one of your accounts, it’s time to celebrate — except while you’re waiting for a mortgage loan approval. Under this […]
Read More...
October 28, 2019
Longer term financing is still available, despite falling out of favor after the housing crash 10 years ago. But, finding a lender that offers a 40-year mortgage lender can be […]
Read More...
October 28, 2019
Any home loan whether its to purchase a new home or to refinance a current loan will come with closing costs. Closing costs cover a variety of fees related to […]
Read More...
October 21, 2019
The typical new car loan costs $530 per month, while the average new lease costs $430 per month, according to an Experian report from the third quarter of 2018. And, […]
Read More...
October 17, 2019
When you get an FHA loan, you pay a mortgage insurance premium at the time of closing. This initial premium is the called the upfront mortgage insurance premium (also known […]
Read More...
October 11, 2019
A home appraisal is an estimate to determine the market value of a home. In addition to purchase loans, appraisals are also ordered when refinancing a loan or when attempting […]
Read More...
Mortgage expert Tim Lucas has been helping home owners for over 12 years.
