Should You Refinance with Your Current Lender?

Refinancing a mortgage is essentially getting a new home loan to replace an existing one. Some people apply for new financing to lower their interest rate, change their mortgage terms, remove a name from a mortgage or tap their equity. However, after you decide to refinance, the next step is choosing a lender.

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Current Mortgage Rates for Wednesday, November 17, 2014

Mortgage rates improved somewhat yesterday when mortgage backed securities rallied.  Yesterday’s domestic economic data was fairly mixed, and the price action was likely due to events overseas – specifically the drop in oil prices and the subsequent turmoil in Russia.  This morning MBs opened the day in the red, but we have risen from the […]

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What to Do If Your House Isn’t Selling

So you haven’t had a showing in weeks and you’ve forgotten what your realtor looks like and you may or may not have started to wonder if you’ll be moving after all. You’re not alone. With the housing market recovering so unevenly, many sellers are finding that they’re not able to move on as quickly […]

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Five Reasons to Buy a House Right Now

You might go back and forth on whether to buy a house. However, if you’ve been on the fence for years, now might be the right time to purchase. Buying a home is a huge investment that can pay off in the long run. You can build equity and add to your personal net worth, plus […]

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Current Mortgage Rates for Monday, December 15, 2014

Last week mortgage rates rose marginally from the week prior.  According to Freddie Mac’s Primary Mortgage Market Survey the average 30-year fixed-rate mortgage rose from 3.89% to 3.93%. Mortgage bonds have begun the morning in the red although we’ve climbed since we opened.  If the sell-off is sustained, rates will rise a little today.  If […]

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Popular Green Flooring Alternatives

Let’s face it—going green is becoming less of a fad and more of a lifestyle choice. Nowhere is going green more popular than in your home. Opting for energy- and water-saving appliances is always a good place to start—and not just because they’re greener than the alternatives. Given enough time, they often pay for themselves […]

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Current Mortgage Rates for Friday, December 12, 2014

Despite the volatility we’ve seen in mortgage backed securities recently, mortgage rates are really not significantly changed since the middle of October.  This week’s Primary Mortgage Market Survey from Freddie Mac reported the average mortgage rate on a 30-year fixed-rate mortgage at 3.93%. The average rate on the week of October 16th?  3.97%. So far this […]

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6 Steps to Winning A Bidding War

Now that the housing market has started to pick back up, there’s a good chance finding your perfect house will also mean finding a lot of competition. You can just throw money at the sellers and hope for the best, or you can turn a critical eye to the other factors that go into closing […]

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