The leasing industry is introducing various metrics for measuring the eligibility of the renters. Besides the credit score, the rental history is also important now. It will help in deciding whether the property can be provided for lease or not. Why Rental History Is Important? The typical way of identifying […]
Here in the U.K we are obsessed with our homes and property prices, home prices in the U.K seem to be on a never ending up trend and through schemes like help to buy the government seems dead set on encouraging it. Increasing property prices are good news to home […]
As important it is to buy the right home, it is even more important to get the right mortgage deal. Although quite a perplexing process choosing the right mortgage is, it is unavoidable, and quite a significant step towards buying a house. To choose the right kind of mortgage, which […]
At the beginning of 2015, there is a new trend that seems to dominate the financial market - steady decrease in mortgage interest rates, which helps this sector quickly regain strength after the bad past few years. With real estate prices raising slower than ever, people are becoming interested in […]
Owning a home is a dream many people have. The first place to start is to determine what you can afford. Take into consideration insurance, maintenance and possible repairs the house may need. Speak to several lenders to find out what kind of financing you quality for. Take the time […]
Mortgage protection insurance (MPI) can provide an excellent safety net for your home if you lose your income due to job loss, disability or an illness. If you are looking to take out an MPI policy, it’s good to know a few things beforehand. First, it’s important to understand that […]
Are you looking to make the move to a new home? If so, you have a good deal of decisions awaiting your attention. However, the first and possibly most important choice you will have to make is whether to buy an existing house or build your home from scratch. While […]
The process of buying a home can be complicated as it is probably the single, biggest purchase you will make in your life. Most likely you will have to borrow the money from a bank or other financial institution by getting a mortgage-a long-term loan secured by the property you […]
Buying your first home is an exciting and rewarding experience; a real milestone for all of us. But have you actually given proper thought to whether you can really afford it – and are you prepared for the mortgage application process? So, you’ve been house hunting, trawled through hundreds of […]
If there is one industry that has changed in recent years, it is the lending industry. This is particularly true considering mortgages, as sweeping changes took place after the credit crisis in 2008. Now, more than ever, it is important for those in the mortgage industry to pay attention to […]
Recent legislative changes at the federal level have significantly affected the manufactured home industry in Texas. These changes generally tighten the financing guidelines for these homes, making it more difficult for buyers to obtain loans on manufactured homes. Lenders will also need more qualifications in order to provide financing for […]
Homeowners and potential buyers need to educate themselves with interest rates, the bond market, and mortgage rates. Those considering how their mortgage options may change should pay close attention to the bond market and changes in Federal interest rates. Assessing and analyzing these factors will help determine what potential buyers and refinancers […]
