Blog – Page 707 of 772

12 Feb 2014

Can I Have A Co-Signer For My Mortgage Loan?

Home Mortgage Tips

Like credit cards or car loans, some mortgages allow borrowers to have co-signers on the loan with them, enhancing their loan application. However, a co-signer on a mortgage loan doesn't have the same impact that it might on another loan. Furthermore, it poses serious drawbacks for the co-signer. What Is A Mortgage Co-Signer? A mortgage co-signer is a person that isn't an owner-occupant of the house. However, the co-signer is on the hook for the loan. Typically, a co-signer is a family member or close friend that wants to help the primary borrower qualify for a mortgage. To that end,…

11 Feb 2014

By Mark Feder

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3 Important Credit Considerations Before You Apply For A Mortgage

Home Mortgage Tips

Before applying for a mortgage, borrowers need to build a plan for how they are going to manage their credit both going into the mortgage process and as they navigate through it. Lenders like to know that borrowers have a strong likelihood of repaying the loans they take out and, as such, look carefully at an applicant's credit. Here are three must-dos that can help an applicant turn into a home owner. Pre-Checking Credit Reports Before even starting the home loan application process, borrowers are well served to check their own credit reports and see what appears. If everything is…

10 Feb 2014

By Mark Feder

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What’s Ahead For Mortgage Rates This Week – February 10, 2014

Mortgage Rates

Residential Construction Spending Up Last week's mortgage and housing-related reports began with Construction Spending for December, with a reading of 0.10 percent or a seasonally adjusted $930.5 billion. December's reading fell short of an expected increase of 0.40 percent. Spending for private sector projects rose by 1.00 percent; of this amount, residential construction spending increased by 2.60 percent and private sector spending for non-residential construction fell by -0.70 percent. Although construction spending posted a fractional gain, the good news is that construction spending is currently dominated by residential construction and that due to inclement winter weather, any gain in construction…

07 Feb 2014

By Mark Feder

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The Low Down On Heating And Cooling Your Home

Around The Home

If the temperature in your home is too hot at night, then you can't sleep. If it's too cold during the day, then you have to wear excessive layers. Everyone has his or her own idea of the ideal temperature, but to keep it on that perfect number can get expensive. So, below we've outlined five ways you can take care of your heating and cooling system and help it run more efficiently. 1. Set It And Forget It To maximize the effectiveness of your heating and cooling systems, you need to program your thermostat and refrain from changing it. Adjusting…