Mortgage Rates are Moving. Is Now the Time to Buy?

March 22nd, 2017

According to U.S. News and World Report, the answer is “yes!” Reporter Theresa Mears notes that analysts expect rates to rise this year, but probably not by more than one-half to three-quarters of a percent, which means rates are predicted to stay below 5 percent for a 30-year, fixed-rate home loan Read More...

How Much House Can You Afford?

June 9th, 2014

If you’re considering buying a home, the first step is to determine exactly how much you can afford. There’s a lot to consider beyond the purchase price. Things like monthly utility bills, homeowner’s insurance, maintenance and other expenses should all be factored in. More importantly, a mortgage lender will want to know your credit score, income, how much you have saved for a downpayment and other facts about your financial picture Read More...