Tag Archive: lenders

Is It Really Better to Buy a Home When Interest Rates Are Low?

September 1, 2014 by Leave a comment

With interest rates still low, many people remain interested in purchasing a home whether it’s their first one or second. The cost of doing so can be affordable and in a recent North Shore Bank/GMAR Home Affordability Report, shoppers in the second quarter could still buy a home with a small monthly payment as compared to late in... View Article

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3 Tips to Avoid Mortgage Fraud

August 20, 2014 by Leave a comment

As lenders have tightened restrictions for securing mortgage loans, homebuyers have been forced to expand their options to include non-traditional funding sources. Realizing this, several scams have emerged that target desperate borrowers. Failure to avoid these scams could result in a home being foreclosed, fines being levied, or criminal charges. Before you head out in search of your... View Article

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Four Reasons Why You Shouldn’t Clean Out Your Savings When Buying a Home

August 18, 2014 by 1 Comment

At a certain point in life, you’ll start to see many of your peers become homeowners. They’ve graduated from living with their parents or living in a small apartment and now have spaces of their own to call home. While you might be tempted to join them right away, there are several reasons why doing so without a... View Article

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Falling Behind on Mortgage Payments? It’s Time to Call Your Lender

July 21, 2014 by Leave a comment

Maybe you’ve suffered a job loss. Maybe your spouse was injured and can’t work. Maybe your employer has reduced your hours. Whatever the reason, you’re struggling to pay your mortgage bill on time every month. First, know that you’re not alone. The national economy is improving, but it’s still sluggish. And many homeowners because of this are struggling... View Article

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