Is Winter 2015-2016 a Good Time to Buy a House? 62% of Consumers Think So.
No one can tell you if it’s a good time for you and your family to buy a house. It’s a very personal choice on timing, on how…
Contributor
Lee Nelson
Lee Nelson is a Chicago-based writer whose work has appeared on Realtor.org, Yahoo! Homes, TheMortgageReports.com, and more.
Articles by Lee Nelson
Do Sub-4% Rates Make You Want to Refinance?
Today Freddie Mac reported an average 30-year fixed mortgage rate of 3.98%. That’s up from a recent low of 3.76%. It appears average rates will break the 4%…
Experts Weigh In on a possible Federal Reserve Interest Rate Hike
It’s been a long, long time – more than nine years ago — since the Federal Reserve raised its federal funds rate. When the group met at the…
Home Appraisal – Ins and Outs of Your Home’s Final Appraised Value
Real estate appraisers check out a home’s value – what’s inside and outside and how it all compares to similar homes sold in a neighborhood. Whether you are…
FHA Down Payment Facts You Should Know
It would be great to have loads of money just sitting in your savings account waiting to put a big down payment on your dream house. But for…
Interest Only Mortgage : Useful Tool for Top-Tier Homeowners
Interest Only Loans got a Bad Reputation Last Decade, But They are Still Perfect for Some Mortgage Borrowers. For normal homeowners, the term “interest only” mortgages might make…
Getting a Mortgage with Student Loans
Going to college gives people advantages in life. But one disadvantage for many college graduates hefty student loan debt. In fact, the average amount of student-loan debt by…
10 Year Mortgage Rates Save Some Homeowners $120,000
Ten-year mortgage rates can save six figures and help you own your home free and clear sooner than you thought possible. A decade definitely doesn’t sound as long as…
Online Mortgage Applications: Blending Tech and the Personal Touch
Most everything we do these days can be accomplished with a stroke of a key from our laptops, tablets or smartphones. We can order groceries to be delivered,…
What Credit Score Do You Need for an FHA Loan?
It can be confusing when you hear or read that people can get an FHA mortgage with 500 credit scores. Is it true, and if it is, how…