Mass Foreclosures: Is your State Susceptible? The term, mass foreclosure, usually refers to a high foreclosure rate in a certain area. This could be a neighborhood, city, state, or even a nation. For example, the 2008 U.S. recession caused a housing market crash. Ten million Americans lost their homes to foreclosures. This is the most recent… Read more »
Mortgages for Military
Getting a Mortgage: Is Your Interest Rate Critical?
Getting a Mortgage: Is Your Interest Rate Critical? According to S&P Global, the average interest rate for today’s mortgage is 3.1%. However, this is an average for a reason. Many people end up with interest rates that are lower, while many other people end up with interest rates that are higher. The interest rate that you’re going… Read more »
FHA Revisited: Mortgages for Champions
MORTGAGES FOR CHAMPIONS – FHA, LOANS The Economic Recovery Act of 2008 requires the Federal Housing Administration (FHA) to keep federally backed mortgage loan limits at 115% of local median values. The agency establishes floor and ceiling limits to meet this requirement. If you want to buy a home this year using an FHA loan, you might… Read more »
How Will the Omicron Variant Affect Mortgage Rates?
How Will the Omicron Variant Affect Mortgage Rates? How will the Coronavirus affect the real estate market? Financial experts have been asking this question for the past 12 to 18 months. It seems like we’ve dodged two bullets with the original outbreak of COVID-19 and the Delta variant. But, the emergence of the Omicron variant… Read more »
Are Housing Speculators Driving up Home Prices?
Are Housing Speculators Driving up Home Prices? When is the next housing market crash? No one seems to be able to agree on when it’s likely to happen. But, we all can agree on one thing: it’s coming. Is it really coming, though? Read on to find out. The housing market has been up for… Read more »
Good Tips for First Time Home Buyers
First-time home buyers make up about a third of the home-buying market. So, if you’re buying your first home, you’re not alone. However, you may not feel prepared. In fact, most first-time homebuyers feel like they aren’t. Luckily, you’re here to learn the best home buying tips for new homeowners. With our home buying tips, you’ll understand… Read more »
First Time Home Buyer- Questions To Ask
Questions You Need To Ask When you are First Time Home Buyer Buying your very first home is one of the biggest milestones anyone can have. However, all first-time home buyers will have very different experiences. To some, it’s a tedious and stressful process, while others might say otherwise. It all comes down to one… Read more »
Mortgages for Champions Special Mortgage Programs: What You Need to Know
Mortgages For Champions Offers Many Special Programs The number of home sales only continues to rise, with the total amount of homes sold in 2020 being the highest since 2006. Interest rates were incredibly low and home buyers took advantage of the opportunity to purchase a new home. Mortgages for Champions offers a variety of mortgage… Read more »
The Best Mortgages for Military Personnel in 2021
Despite current challenges, now is still a great time for military personnel to purchase a home. The world is still reeling from the outfall of COVID-19. Yet, we remain resilient as we stand on the brink of recovering from the pandemic. Still, the coronavirus has resulted in a significant financial shock for many people… Read more »