Blog - Page 233 of 338 - Critter Skimmer

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Aug

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Home Mortgage TipsHome Mortgage Tips, Mortgages

A Few Common Misconceptions About Mortgage Pre-Qualification

If you're shopping around for mortgages, you've probably heard about pre-qualification processes – or maybe even received a pre-qualification offer in the mail. Lots of prospective homeowners hold misconceptions about what exactly pre-qualification is and how it works, and it leads them to opt into poor mortgage deals. But by understanding how pre-qualification works, you'll be able to find the right mortgage for you – at the best possible rate. So what is mortgage pre-qualification, and what isn't it? Here are three common pre-qualification myths that you may have heard. Myth: Mortgage Pre-qualification Commits You To A Specific Lender Many…

What’s Ahead For Mortgage Rates This Week – August 24, 2015

Last week's economic events included a number of readings on housing related topics. The National Association of Home Builders released its report on builder confidence in housing markets, Housing starts reached their highest level since the great recession, and existing home sales exceeded expectations and the prior month's reading. The Federal Reserve released minutes for its most recent FOMC meeting, which indicated that while a majority of FOMC members are leaning toward raising the Fed's target federal funds rate, concerns over certain aspects of the economy continue to keep the Fed from citing a date for raising its target interest…

3 Handy Tips That Will Prevent Serious Stress when Buying and Selling a Home at the Same Time

If you're in the process of simultaneously buying and selling a home, you may be in for the most stressful experience of your life. One UK-based real estate survey of over two thousand people found that buying and selling a house is more stressful than divorce, bankruptcy, a death in the family, becoming a parent for the first time, and even planning a wedding! It's not easy, but staying calm will help you to plan for your upcoming home purchase and sale and make the process easier. So how can you avoid the stress? Here are three strategies that will…