If you’ve been following this blog or other financial news sources, you will know that mortgage rates have been steadily on the rise throughout 2018. As of October, the average interest rates have officially moved back over the 5% threshold. This is the first time since 2011 that we’ve seen Continue Reading →
Home prices have continued to rise here in San Diego County. So have rent prices. At the same time, inflation continues throughout most facets of the nation’s economy as a whole. It’s important for prospective homeowners to look at all the considerations when it comes to buying a home and Continue Reading →
Mortgage News Daily recently reported that mortgage rates experienced a significant increase in the past week, and the upward trend may continue into next week. The rate offerings are the highest they’ve been in seven years, with the most prevalent top-tier rate coming in around 4.875%. The Upward Trend This Continue Reading →
We’ve all seen the TV shows about the tiny house trend. Well, this minimalist concept has impacted the way developers are building some apartment complexes. They are known as micro-apartments, and it is a housing trend that is gaining in popularity—especially in urban areas where space is increasingly limited. Micro-Apartments Continue Reading →
A HomeReady mortgage is a specific type of home loan offered by Fannie Mae. They are designed to help low- and moderate-income borrowers who are looking to buy a home or refinance their current loans. The primary advantages are lower down payments and reduced private mortgage insurance (PMI) requirements. They Continue Reading →
