Lower mortgage rates often allow a homeowner to pay off mortgages in advance. However, you’ll need to determine if that’s a good idea or not. You may explore certain other alternatives like that of investing a portion of your extra…
Tag: mortgage
Guide for Canadians to the new mortgage rules in 2018 – A rulebook to follow
Image https://cdn.pixabay.com/photo/2017/05/18/11/04/key-2323278_960_720.jpg From 1st January, 2018, the Canadians who are getting a mortgage, or renewing their old one or refinancing their mortgage may require proving that they have enough ability to cope with the rising rates which are considerably higher than…
Mortgage Application Has Been Rejected? Don’t Panic
Image source Lending a mortgage is a huge risk for the companies who are in the home loan business, so it is hardly surprising that a huge number of applicants are turned down and have their dreams dashed each year…
US mortgage market outlook – Proposed changes in mortgage investment market 2016
Though home prices keep climbing, yet homes remain affordable throughout the US. What may be the reason behind this? Well, the present mortgage rates are tempering the rising home prices. In the last quarter, more than 7 among 10 US…
How to Begin Renting Out Your Property
You are considering buying or building a new home. You cannot afford the mortgage payments without selling your present home. The market conditions do not allow you to sell your present home without suffering a huge loss. Have you considered…
How To Get Organized And Save Money
These are affluent times that we live in. Our lives are stuffed with all of the things that we desire, from entertainment systems to ornaments to crowded wardrobes to music collections, the list goes on. Although it may be nice…
What to Consider When Buying a UK Holiday Home
Buying a UK holiday home for letting purposes is very much something that needs to be done as much with the head as with the heart. For example, a property may strike you as being lovely and somewhere you would…
What is Underwriting and How Does it Work?
Once you’ve finished your house search, made an offer for the property and been pre-approved for a mortgage, you may feel as though that home is yours. Unfortunately, however, the process is far from finished. You still have to prove…
What are the most important types of insurance?
If it might be unrealistic bordering on naïve to assume that anyone really likes paying for insurance. However, it is something that might one day be all that stands between you and financial disaster so it might be important to…
How Can I Improve My Mortgage Credit Report?
There’s a new buzzword around town. And that buzzword is “mortgage credit report.” And it’s definitely in your best interest to pay attention to this new buzzword. Because if you ever hope to buy a home it is vital to…