Interest rates are hitting new record lows, but banks what banks do makes it even more difficult. Here’s how you can better your chances. There has never been more appropriate time for trying to refinance your mortgage. Rates are at record lows. The government is…
We guess that the fact that young people are not interested in buying a home at once these days has been a big contribution to the fact that the housing industry has never truly recovered from the Great recession. This means that while the interest…
In a world where the mortgage payment’s interest gets as high as it can be, the refinancing is… Have interest rates fallen? Do you expect them to go up? Has your credit score improved enough so that you might be eligible for a lower-rate mortgage?…
Many mortgage payers are not aware that their scrutiny can be healed with a proper refinancing process… So before stopping at the doorstep or your homeownership dream, think again and reconsider it by taking a look at your refinancing options. Let’s start with the fact…
Home Estate agent Foxtons saw profits drop dramatically by 42 per cent in the first half of the year on the back of sharp downturn in the London housing market. The house seller blamed the EU Brexit decision for the slowdown, which it said will…
The house with a white picket fence is the epitome of the American dream. But the financial benefits of buying a home rather than renting have yo-yoed over the years. From 2004 to 2006, for example, it was more favorable to rent, but buying made…
Think you can’t qualify to buy a home? Don’t give up hope. The Federal Housing Administration (FHA), a government agency, allows borrowers to take advantage of a low down payment, reduced closing costs, relaxed lending standards – and insures your loan, which is offered by a FHA approved lender. So, if you are wondering, “what…