Impact Of Fed’s Rates Increase On Mortgage Rates So you want to know what happens to mortgage rates when the Feds increase rates? Since mortgage rates respond to market forces, you need to know that the Federal Reserve influence mortgage rates indirectly. Sometimes, mortgage rates increase when the Fed increases […]
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There is still good news despite currently being in a higher interest rate market. And that is that we’re still at levels that are historically low overall. Therefore, if you’re not buying a home with cash, you probably want to know if you can afford a home when interest rates […]
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So you have decided to buy your first home, right? Congratulations. Just like so many other people, you have reached the point in your life at which buying your own home becomes one of the most reasonable decision to make. So what do you do next after deciding to buy […]
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One of the reasons people flock to Redlands, CA is the laid-back, community-focused atmosphere. With a comfortable climate and proximity to major cities in Southern California, Redlands is often a choice for people who don’t want the hustle-and-bustle of a metropolis. For that reason, Redlands is an excellent opportunity for […]
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Your credit score is one of the most important factors when it comes to being approved by a lender for a mortgage. If it’s too low, you’ll be flat-out rejected, but if it’s not high enough you won’t have access to the lowest rates and best terms. But there are […]
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It’s that time again: the Federal interest rate is on the rise and showing signs of continuing to do so before the year ends. So far, the Fed has focused mostly on raises to short-term interest rates, which includes things like credit cards. For the most part, rates for mortgages […]
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If you’re shopping for a home in Orange County, there’s a good chance you find yourself in an area with a Homeowner’s Association (HOA). Essentially, an HOA is the governing body for a local residential area – whether that includes one building or 100. The HOA will be responsible for […]
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When it comes time to buy a home, your first major hurdle to overcome is securing financing through a mortgage. But if you’ve never had a mortgage or similar loan before, you may find the process intimidating – and even more so if your loan application is denied. Whether you’re […]
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One of the chief concerns of borrowers taking out a mortgage is interest rate changes. Depending on the circumstances locally, nationally, and internationally, interest rates can change over the course of a day. There’s no reason for you to worry about your rate increasing while you wait for your closing […]
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When you’re looking for cash to pay off bills, debt, or even fund a renovation, your largest asset – your house – can often be the easiest way to get help. For veterans, this help comes in the form of a VA Cash-Out Refinance loan, which allows you to access […]
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