When you are serious about buying a home, the very first thing you should do is get preapproved for a mortgage. Many real estate agents won’t even show you houses unless you have a signed pre-approval letter that shows you are a serious buyer and aren’t just window...
The thing we talk about most with our clients is mortgage rates. Everyone is shopping around for the very best rate, and rightfully so considering the fact that the interest rate will have a huge impact on your monthly mortgage payment. On the other hand, the biggest...
In an attempt to better understand the thinking of home buyers, particularly as it relates to where and how they view mortgage down payments, Freddie Mac has released some interesting data. As the headline shows, many potential home buyers don’t fully understand...
While Zillow got its start as simply a place to list and view homes for sale and find local real estate professionals to work with, the company has dramatically shifted its strategy the last few years. Zillow’s former business model was built almost completely on ads,...
When buying a house, most assume that securing a mortgage should be an easy process. Whether because they have good credit or they have a solid down payment for the house, many think it really doesn’t matter who they work with to get the loan because it...
Last week we got the interesting and unusual news that the Federal Reserve did not increase its benchmark rate and suggested that rates would not increase this year. While the Fed doesn’t set mortgage rates, whatever it does has an impact on them. The Fed’s decision...
