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Want to Know What Direction Mortgage Rates are Headed? See What the Experts Say.

eileen Fort Lauderdale Area Housing Data , Homes , Interest Rates , Mortgages Leave a Comment

Want to Know What Direction Mortgage Rates are Headed? See What the Experts Say. Mortgage interest rates have been gradually trending up over the last few months. Projections are that they will continue their upswing throughout 2017. What impact will this have on the housing market? Here is what the experts are saying: Laurie Goodman, Co-director of the Urban Institute’s …

Need-To-Qualify

What Do You Actually Need to Get a Mortgage?

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What Do You Actually Need to Get a Mortgage? Thursday January 21st, 2016 Down Payments, First Time Home Buyers, For Buyers, Move-Up Buyers Fannie Mae recently released their “What do consumers know about the Mortgage Qualification Criteria?” Study. The study revealed that Americans are misinformed about what is required to qualify for a mortgage when purchasing a home. Here are …

Should You Pay Off your mortgage?

Home Owner Tips , Mortgages Leave a Comment

Is it a Good Idea to Pay off your mortgage, Yes or No? Should You Pay off your mortgage? Q: I’m in my late 50s. My highest priority goal for retirement is to own my home, with no mortgage payment. Is that a valid, fiscally sound objective? — Bill Slayton, Centreville, Va.  A: Being debt-free in retirement has its advantages. …