You have a lot to consider when shopping for a mortgage, and you don’t want unfamiliar lingo bogging you down. Before you begin the process of buying a new home, get comfortable with these five key mortgage terms. Fixed-rate mortgage: With a fixed-rate mortgage, your interest rate stays the same for the entire loan, which … More 5 MORTGAGE-RELATED TERMS EXPLAINED
DAILY REAL ESTATE NEWS | THURSDAY, DECEMBER 10, 2015 The rental affordability crisis is showing signs of worsening: Nearly half of all renters are struggling to pay their monthly payments, according to a new report by Harvard’s Joint Center for Housing Studies. Financial experts usually recommend keeping housing costs around 30 percent of a person’s … More Half of Renters Are Struggling to Afford Rent
Via: Texas Association of Realtors Buying a home can get quite detailed. Here are the steps to take to ensure you’re prepared for the exciting road ahead. Choose a Texas REALTOR® Why? A … More The Buying Process
Hello my future home owners! I don’t know if you have heard but there is a new sheriff in town when it comes to your finances and that sheriff is the CFPB (Consumer Financial Protection Bureau). What are their jobs? Well let me tell you. Consumer Financial Protection Bureau Educate: An informed consumer is the … More What is the CFPB?
In my opinion, before getting into any Owner Financing situation, whether you are the buyer or seller, you should educate yourself on the risk and speak with a Realtor so that your best interest are covered. Below are some reasons why.. Via: Investopedia Are you a potential homebuyer having trouble securing financing? Are you a … More The Ins And Outs Of Seller-Financed Real Estate Deals
This Beautiful Home Located at: 2910 Greystone Dr in Killeen Texas is ready for a new family!! Magnificent landscaping awaits you as you approach the home. Entering the home to your immediate left is a grand kitchen designed for a chef; to the immediate right are the bedrooms with the master separate from the other two. … More 2910 Greystone Killeen Texas 76549
Via; KCM Keeping Current Matters After it was announced that Fannie Mae and Freddie Mac would again make available mortgage loans requiring as little as a 3% down payment, many people showed concern. Were we going back to the lower qualifying standards of a decade ago that caused the housing market crash? … More Fear of Low Down Payments Mostly Unwarranted