There have been rumors of 5% – 6% interest rates for over 2 years now– the only difference between then, and now, is that now it’s happening. The new normal for a Conventional home loan above 65% loan to value is going to fall into the 5% interest rate range by the end of […]
By Advantage|2018-05-29T20:22:11+00:00July 11th, 2017|
For most potential homebuyers, the debate of when to move from renting to owning is one of the hardest decisions outside FINDING their actual new home. Investing in the purchase of a new home is a big commitment, both on the financial and timescale. But, rent in major metropolitan areas continues to rise putting […]
By Advantage|2017-05-14T20:01:55+00:00May 14th, 2017|
• Continue making your mortgage or rent payments
• Stay current on all existing accounts
• Keep working at your current employer
• Keep the same insurance company
• Continue living at your current residence
• Continue to use your credit as normal
• Call us if you have any questions
• Make any major purchase (car, boat, fur, jewelry, furniture, […]
By Advantage|2017-04-19T00:46:12+00:00April 14th, 2017|
You’ve been daydreaming of a new home. You’ve spent hours online perusing the latest listings. And you’ve decided you’re ready to make the big move. But have you taken the time to financially prepare for this major undertaking? We’ll help you get ready and set to shop with a list of must-do steps.
Get your […]
By Advantage|2017-04-19T02:30:06+00:00March 14th, 2017|
You made it through the complex and lingo-infused process of shopping for and purchasing a home. Whether that was five months or 15 years ago, you may still have some questions about terms related not only to your home loan, but also to your home itself. We’ll shed some light by defining 12 terms […]
By Advantage|2017-04-19T02:31:32+00:00January 13th, 2017|
Ready, set, get inspired! We’ve reviewed the latest home design blogs and trend reports to give you this roundup of six fresh looks for your abode in 2017.
Color, Color, Color!
Gray remains the “it” neutral choice. But prepare to punch up the palette with jewel tones and a plethora of pinks, plus dazzling blue, popsicle […]
By Advantage|2017-04-19T02:31:56+00:00December 11th, 2016|
There’s nothing quite like the heady excitement of moving into a new place. After the searching, the negotiating, the paperwork, the packing and the moving — you’re finally in! Now it’s time to simply relax and begin making the house into a home, right? Well … sort of.
Now is actually a perfect time to […]
By Advantage|2017-04-19T02:32:18+00:00November 17th, 2016|
MIP (Mortgage Insurance Premium) is insurance homeowners pay to FHA to protect the lender against loss on FHA insured loans.
You may be able to eliminate this monthly fee in certain cases. In some areas, values have gone up enough to allow homeowners to refinance and drop this charge. To find out if this applies to you, […]
By Advantage|2017-04-19T02:32:38+00:00October 14th, 2016|
Reducing household spending isn’t the only way to save money on homeownership. You may also be able to significantly cut monthly costs by refinancing your home loan, especially when interest rates are low. A “refi” can offer other advantages, too. But there are also potential downsides. So how do you know if it’s right […]
By Advantage|2017-04-19T02:32:53+00:00September 11th, 2016|
From urban hot spot to quiet countryside, the right neighborhood can make all the difference between loving your new digs and longing for your old home. Check out these tips for investigating neighborhoods when you’re house hunting
What does your dream neighborhood look like? What’s most important to you? Top-notch schools, nearby parks, lots […]