A 1% Rate Increase will Decrease Your Buying Power by 11%
How interest rates affect buying a home How do interest rates affect buying power when you’re searching for your next home? Will you have to settle for a…
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Tim Lucas
Tim Lucas (NMLS #118763) was an editor of MyMortgageInsider.com. He has appeared on Time.com, Realtor.com, Scotsman Guide, and more.
Articles by Tim Lucas
VA Home Loan Refinance Options: Find Better Rates and Cash Out Home Equity
The VA home loan is hands down the best purchase in today’s mortgage market. But the VA also provides refinancing options as well. The VA offers two main refinance…
Mortgage Dictionary
Mortgage terminology can be confusing whether you’re a first-time homebuyer or looking to refinance your current loan. From mortgage terms like amortization to PITI, chances are you’ll come…
7 Ways to Improve Your Credit for a Mortgage Loan
Are you thinking about buying a home soon? It’s important that you have a good credit score and a clean credit report if you want to get a…
USDA Loan Map Changes Delayed until at least October 1, 2017
Update: The USDA home loan eligibility map changes scheduled for October 1, 2015 have been postponed until October 1, 2017 at the earliest. On December 16, 2014, the…
Here Are the Houses You Can Get For $50k
Before the housing bust of 2008, many homebuyers had a hard time finding reasonably priced homes. But now, deals abound, and decent homes can be found for under…