"While 30-year mortgage rates are not quite as low as they were during the first half of 2013, the current average rate of 4.14% is still very low on a historic level. In fact, before the mortgage crisis hit, we had never seen rates this low.
Despite the attractive rates, you don't need to be in too much of a rush to buy right now. ...
"Buying a new home can be quite the undertaking, and in many ways, it's a numbers game.
Here are five stats, numbers and percentages you'll need to be familiar with - to give you that winning edge..."
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Image by Infrogmation of New Orleans via Wikimedia Commons.
"According to a recent Gallup poll, more Americans are beginning to view real estate as a viable long-term investment. Thirty percent of those surveyed early last month took this view, up from 25% just a year ago. Gallup credited an improving housing market as being the chief driver of the change in popular opinion on this matter..."
The spring homebuying season is in full bloom, and odds are, if you're reading this, you may be thinking it's time to finally start looking for your first house. But before you dive in, it’s important to get your finances organized and know what you can afford. Here’s a checklist to get you moving toward this major purchase..."
"If you're wondering whether this summer is a smart time to buy a home, then let me cut to the chase. Thanks to still-historically low mortgage rates, housing may never again be as affordable as it is right now.
At present, the interest rate on a 30-year fixed rate mortgage is 4.19%. That's the cheapest they've been all year, and they even ...
"Think you can’t buy a home? Think again.
In November 2013, Trulia surveyed renters who want to buy a home, asking about the obstacles that hindered their goal. The survey respondents cited several barriers to buying a home, all of which are listed below.
Let’s explore these obstacles to homeownership, and look at how you can ...
A study by Bankrate.com revealed that savings do not fluctuate with income. People typically spend what they make. This is due to impulse purchases.
Typical impulse purchases include lottery tickets, clothing, apps, larger food sizes, and games of chance. These purchases are usually not needed and they are instantly regretted.
Borrower advice website LoanLove.com has released a guide on getting a down payment on a home.
Potential home owners are given advice on the requirements necessary for getting a down payments and factors that can affect rates.
Image by Cameronnovak via Wikimedia Commons.
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When getting a mortgage, credit can be a major concern, and there are a few key factors that could make or break your mortgage.
While in approval stages, there are red flags that could have an impact on your mortgage.
For instance, if your mortgage is in its final stages, it is not a good idea to apply for other credit, dispute a credit...
Aviva Canada is warning potential insurance customers about possible frauds.
Scammers in Canada are acting as insurance sales people and taking money without giving people coverage.
Customers should be aware of who they are buying insurance from, and must make sure that he or she has a license.
Image by Aviva West via Wikimedia Commons...