Iowa continues to have strong home sales, even while many other parts of the country have seen a weakening in the real estate market. With a slightly higher job growth rate than the rest of the nation, cities in Iowa are still attracting homebuyers. And with the insurance and technology fields continuing to grow in the state, homes sales look likely to remain strong. So for new homebuyers, it is important that Continue reading
Mortgage Planners work to help customers get the best rate possible when they borrow money. Often people are unaware of factors that can affect their ability to get the best rate. Having a less than perfect credit score can stand in the way of you obtaining the best mortgage rates.
It may not occur to you how much your current credit situation can interfere with your life. Continue reading
Title insurance is a required fact of life when originating a new mortgage, but many homeowners question whether they need to obtain new title insurance when they refinance. Unfortunately, the simple answer is yes.
This type of insurance is an insurance policy issued as part of the closing process when purchasing a home. It is a policy that protects the lender from any loss that may be sustained Continue reading
Acquiring a home is quite costly these days, with the prices of prime real estate constantly rising. So, the prospect of owning one depends on a person’s financial strength. Unless you are financially able to purchase your own home in one big bulk payment, chances are you would opt for a less painful means of acquiring your dream house. With this in mind, the home loan is the best way of securing your own home Continue reading
The lure of lower payments and more house for the money lured people into the adjustable interest rate mortgage. Many were told by their banks or mortgage brokers they could refinance before the loan reset.
Where The Trouble Started
Then the housing bubble popped the credit crunch hit and many people now were stuck in these ARM loans with increasing payments!
Because Continue reading
Bank of America offers some of the best mortgage refinancing options in the country. However, many people do not realize this, and look at them as merely a bank. Here are some reasons why refinancing a mortgage with Bank of America can be one of the best decisions you can make:
As a mortgage lender, Bank of America excels in customer Continue reading
Applications for fixed rate mortgages have risen recently. This is in part due to falling rates of interest for the fourth consecutive month, according to the most recent findings of the National Mortgage Index.
Based upon the data of 500 brokers and 800 estate agents, the average five year rate has continued on its lowest rate of 4.57%. Similarly, the findings suggest Continue reading