Over a 30-year period, is it generally cheaper to rent or to buy a house in expensive places like San Francisco or New York City?

October 9, 2014 by Leave a comment

Yes, housing prices can be astronomical in cities such as San Francisco. But monthly rents are also extremely high in these cities, especially in their more desirable neighborhoods. Here’s some good perspective: A recent study by Trulia of the country’s largest 100 metropolitan areas found that buying a home in these urban areas is 38... View Article

Filed under: Uncategorized
Read More

Five Refinancing Tips for the Self-Employed

October 8, 2014 by Leave a comment

Homeowners refinance their home loans for numerous reasons with many seeking an improved rate and a lower mortgage payment. But whatever your reasons are, being self-employed is going to make the process more challenging. This comes as mortgage lenders find this group carrying greater risks thanks to their inconsistent income. If you’re self-employed or a contract... View Article

Filed under:
Read More

HARP 3.0: What Is It? How Will It Help You Refinance?

October 3, 2014 by 3 Comments

For more than a year, an expansion to the Home Affordable Refinance Program (HARP) has been in the works, with the bill still sitting idle in the legislature. President Barack Obama reportedly introduced HARP 3.0, which has been labeled “A Better Bargain for U.S. Homeowners.” As the mortgage industry eagerly awaits news about HARP 3.0,... View Article

Read More