Wells Fargo announced on Thursday that it now offers a down payment of as little as 3% for fixed-rate mortgages, answering calls in the industry to expand the financing box. Wells Fargo now offers 3% down payment mortgages The newest low-down payment program, your First Mortgage, which went ... » Learn More about Wells Fargo now offers 3% down payment mortgages
Moving
How to Select a Storage Facility
When your closets are overflowing with camping gear; your balcony is jammed with bikes; your bedroom is a vault for files, albums, and who-knows-what … it’s time for a storage unit. Lack of space is one of the most acute problems in our hectic modern-day world. In many cases, people find their homes ... » Learn More about How to Select a Storage Facility
Predicting the ‘Right Time’ to purchase or Sell a Home
Buying or selling a home at the ‘ right time ’ is tougher than it sounds. People usually take these actions as a result of life event or financial issues. The economy and real estate forecasts are typically secondary considerations. Yet both sellers and buyers often pose the question, “When is the ... » Learn More about Predicting the ‘Right Time’ to purchase or Sell a Home
Is the FHA on the verge of cutting mortgage insurance premiums again?
Early this past year, the Obama Administration shook up the housing world when it ordered the Federal Housing Administration to cut its annual mortgage insurance premiums by 50 basis points, from 1.35% to 0.85%. The effects of the cut was widespread and significant, as the FHA’s mortgage insurance ... » Learn More about Is the FHA on the verge of cutting mortgage insurance premiums again?
Moving Day 7 things to keep in mind
After months of touring homes, playing phone tag with your mortgage lender and researching school districts, you’ve finally closed on a house. Congratulations! Now the hard part begins. Moving day is always a pain in the neck (and back), but if you plan ahead and stay organized you can certainly ... » Learn More about Moving Day 7 things to keep in mind