Aug 07
A pre-approval puts you in control A pre-approval is documentation that is provided by a lender that has checked your income, credit history and documentation to determine the mortgage amount your’re qualified to borrow. Pre-approval saves time spent looking at houses you cannot afford. A pre-approval letter shows sellers that you’ve already started working with …
Aug 06
Discover the affordability of Home Ownership Discover the affordability of home ownership! Whether you’re a first-time home buyer, a repeat buyer, or looking to refinance, John Coneys of Freedom Mortgage, (NMLS# 183853 – 610.322.4886) and I can help you find out what the Homeready program can do you for. #RealEstate #Realtor #HomeReady #PreApprovalChecklist #FreedomFast #PreApp …
Aug 05
Mortgage Rates Stay Flat The 30-year fixed-rate mortgage barely budged this week, remaining low at a 3.75% average, Freddie Mac reports. “Mortgage rates have essentially stabilized over the last two months, which reflects the recovery and improvement in the economy from the malaise earlier in the year,” says Sam Khater, Freddie Mac’s chief economist. “Going …
Jul 26
Mortgage Rates Near 3 Year Lows After a slight uptick last week, mortgage rates fell back to what’s become a more regular pattern this summer of hovering near three-year lows. Home buyers are responding to the lower rates, and mortgage applications for home purchases have continued to rise steadily the last two months to the highest …
Jul 25
Bathroom Remodeling done right In a bathroom remodel, homeowners have a lot of choices, from tubs, sinks, tile, and more. But it’s the small details that could have some big impact. Realtor.com® recently featured an article on the smaller details that can help elevate a bathroom’s look, including: A lux shower head “These days, many …
Jul 24
Pre Approval Credit Checklist See the credit checklist below for all the items you will need to be on the way to obtaining your goal of a new home. Having a checklist of the documents you’ll need when seeking a preapproval can really come in handy. John Coneys of Freedom Mortgage, (NMLS# 183853) can …
Jul 23
Turf Lawns for No Hassle Grass More homeowners are leaning towards maintenance-free faux turfs for their yards, according to landscapers. Architect Christopher Brandon of Brandon Architects in Costa Mesa, Calif., told The Wall Street Journal that about 75% of the projects he does for modern-style homes now ask for artificial grass. Since faux turf does not require …
Jul 22
Mortgage Rates Inch Up After three weeks of mostly staying steady, average mortgage rates rose this week. However, rates still remain at multiyear lows, keeping borrowing costs low for those shopping for homes this summer. “The rise in rates was driven by continued improvement in consumer spending and partly due to optimism around a forthcoming …
Jul 19
Bathroom Designs to die for! Technology is entering more bathroom design, and it’s one of the top design trends of the year, according to the 2019 Bathroom Design Trends Study from the National Kitchen & Bath Association. The survey results are based on responses from 583 NKBA members, consisting of designers, remodelers, architects, and product …
Jul 18
Gain in Home building Isn’t Enough More construction for single-family homes was underway last month, possibly offering a small relief to markets experiencing an ongoing housing shortage. Most economists, however, say it’s not nearly enough to keep up with buyer demand. An increase in single-family housing starts in June helped to offset some of the …
Jul 17
Credit Tips When Applying for a Mortgage Minimize Credit Inquires. It’s important to know your credit score, but too many inquires may reduce your credit score. Don’t establish new credit. New credits can lower your credit score. Applying for a ne credit 2-3 months before applying of a mortgage may lower your credit score and …
Jul 16
Move-In Ready? A “move-in ready” home may mean different things to different buyers—everything from having freshly painted walls to having window blinds included. Bungalo, a real estate platform for buying newly renovated homes online, surveyed more than 550 home shoppers between the ages of 25 to 54 on what elements are required for a home …
