Inflation Sways Flexible Mortgage Rates
Inflation has a direct influence on how much house you can afford and the type of mortgage and methods used to pay for it. Whether rising or falling, inflation also affects an economic condition called housing availability.
HELOC and Home Equity Loan Options
Home equity loans and HELOCs are great ways to use the equity you’ve built in your home for the things you need to accomplish. Determining the path that works best depends on your personal set of circumstances and needs.
Four Benefits of Adjustable-Rate Mortgages
If you are in the market to purchase a home, one mortgage option you might consider is an adjustable-rate mortgage (ARM). These mortgage loans offer an alternative to 20- or 30-year fixed rate mortgages and might allow you to purchase more home for your money.
The Hidden Costs of Buying a Home
With real estate gaining value and interest rates holding steady, the idea of homeownership is a compelling one. However, first-time home-buyers are often surprised to discover that purchasing property is a detailed process with additional costs that go beyond a home’s “sticker price.”
USDA Rural Development Loan Requirements
The USDA's Rural Development (USDA) Program is designed for those who live in rural areas and want to own a home but may find the path to homeownership a hardship. If you’ve been longing to own a modest home in the country but thought it was beyond your reach, it may not be.