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Will Overlays Undermine My Mortgage Application?

Home Buying · Q&A

Will Overlays Undermine My Mortgage Application?

August 9, 2017

  Question: We’re interested in buying a small house and our lender says we may face overlays? What’s an overlay? Answer: We usually think of the lending process as moving […]

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Real Life Success Stories – Self-employed People Who Got a Mortgage

Home Buying

Real Life Success Stories – Self-employed People Who Got a Mortgage

August 8, 2017

Being your own boss gives you a lot of benefits such as no boss and having flexibility in your life. But being self-employed also means red flags for lenders. It […]

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5 First-Time Homebuyer Blunders And How to Avoid Them

Home Buying

5 First-Time Home Buyer Blunders And How to Avoid Them

August 7, 2017

  Buying a home is an exciting journey, but it can come with a lot of pressure. A home purchase represents the biggest investment that most people will ever make, […]

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Existing Home Sales Dip, But Still Better Than One Year Ago

Home Buying · News

Existing Home Sales Dip, But Still Better Than One Year Ago

July 28, 2017

After a strong month of sales in May, existing home sales dipped back down this past month. It was caused by the shortage of available homes on the market, the […]

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Fed rates and mortgage rates

Mortgage Strategy · News

Fed Maintains Their Rate, But Higher Rates Could Be Coming

July 26, 2017

The Fed’s most recent two-day meeting concluded on July 26, and they have decided to keep everything the same for the next six weeks or so. However, their decision could […]

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Why Does Our Rich Uncle Want A Share Of Our First House?

Home Buying

Why Does Our Rich Uncle Want A Share Of Our First House?

July 26, 2017

  Question: We’re interested in buying our first house and our uncle – a very rich uncle – has said he’s willing to help. When he said “help,” we thought […]

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Things a New Homeowner Can Do Quickly to Save Money

Homeowner Tips

Things a New Homeowner Can Do Quickly to Save Money

July 25, 2017

You’ve got the keys to your new house. It’s all so exciting, but it can be overwhelming with how much there is to do. Saving money right away might not […]

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Ellie Mae June 2017

News

Mortgage Rates Dropped To Lowest Average In 2017

July 21, 2017

Rates have been gradually dropping over the past few months, but June saw some of the lowest mortgage rates of the year. As a result, June ended up having a […]

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Fannie Mae Home Sentiment June 2017

Mortgage Rates · News

Home Buyers Becoming More Optimistic Of Market

July 14, 2017

While there is still a seller’s market for housing, home buyers are starting to have a more positive outlook for the next year. In June, the overall sentiment for buying […]

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June Non-Farm Job Growth 2017

News

Job Growth Surged In June

July 7, 2017

After a few months of mixed economic news, June has provided some very positive news regarding the future of the economy. Last month, there were 222,000 jobs added to the […]

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