Blog – Page 672 of 763

15 Jul 2014

Three Ways That Your Credit Score Affects Your Mortgage (and Your Chance of Obtaining One!)

Home Buyer Tips

If you're thinking of buying a home, you've probably been thinking a lot about your credit score as well. Credit scores control so much of what we do in the world of finances, but what does your credit score really have to do with your mortgage? Here are three ways that your credit score could impact your mortgage application. Your Credit Score Affects Your Ability To Get A Mortgage The first thing your credit score tells a lender is whether they should lend to you at all. In some cases, if you have a very low credit score, you may…

14 Jul 2014

By Mark Feder

What’s Ahead For Mortgage Rates This Week – July 14, 2014

Market Outlook

Last week brought news from the Fed as two Federal Reserve Bank Presidents made speeches and the Federal Open Market Committee (FOMC) of the Fed released the minutes of its last meeting. The minutes reveal the Fed's intention to wrap up its bond-buying program in October with a final purchase of $15 billion in mortgage-backed securities (MBS) and Treasury bonds. No economic news was issued Monday following of the 4th of July holiday. Further indications of a strengthening labor market were seen. May job openings reached their highest level since June 2007, and quits and layoffs fell from April's reading of…

11 Jul 2014

By Mark Feder

Feng Shui 101: How This Ancient Art Can Help Improve Your Home Staging

Home Seller Tips

It is a buyer's market, making home selling a challenge that can range from relatively simple to downright frustrating. Boosting ones' chances of selling their home can be done in a number of ways. One simple way is to utilize the art of Feng Shui - an ancient Chinese art, used to manipulate the flow of energy in your home. Feng Shui can be as inexpensive or as costly as you would like. Using what is already on hand is one way to keep it free, but sometimes a simple coating of paint on the front door or a few…

10 Jul 2014

By Mark Feder

Nearing Retirement? Three Reasons Why You Might Consider a ‘Reverse Mortgage’

Home Mortgage Tips

If you are nearing retirement, a reverse mortgage might be right for you. This type of mortgage essentially allows you to turn your home equity into cash. If you find yourself with little money, a reverse mortgage could be the perfect solution, and here's why. No Worries About Monthly Payments After taking on a mortgage, there are many costs that you have to worry about. One of these problems is mortgage insurance premiums. Add interest and fees from lender service providers to the mix, and you've got yourself many costs. All of these fees can create tremendous headaches, as a…