Financing

Sept. 27, 2017

September 2017 Mortgage Rates

Mortgage rates have continued to slowly climb since bottoming out in early September. This week the Fed somewhat surprisingly announced they would taper the amount of Mortgage Backed Securities they would purchase gradually until they get to a $50 billion per month decrease.  That’s roughly 7.5% of the overall ...

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Posted in Financing
Feb. 6, 2013

Financing Do’s and Don’ts

Over 10% of real estate deals cancel due to financing. We don’t want your deal to fall through during the loan process. Please check out this list:
1.  Don’t do anything that you need to use your social security #.
2.  Don’t change your employment status.
3.  Don’t ...

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Posted in Financing
Feb. 6, 2013

Ten ways to improve your credit score

1.  Don’t open new credit cards that you don’t need. The amount of your unused credit is an important factor in calculating your score.  

2.  Don’t open credit cards just to increase your available credit. Be careful about closing existing accounts; this approach could backfire and actually ...

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Posted in Financing