Todd Grey, Author at Todd Grey

26

Mar

MortgageCredit Score, Mortgage, Refinancing

What Are The Most Common Mistakes Homeowners Make When Refinancing?

There are lots of people who are looking to take advantage of low interest rates to refinance their homes. This provides homeowners with an opportunity to save tens of thousands of dollars over the life of the loan. It could also allow homeowners to access equity to finance a home renovation or shave years off their mortgage. On the other hand, there are also a lot of people who make mistakes during the refinancing process. What are some of the mistakes that everyone should make sure they avoid? Avoid Saying Yes To Loan Forbearance On A Mortgage First, try to…

25

Mar

By Todd Grey

Home Mortgage TipsHome Buyer Tips, Mortgages, Mortgages and Credit

Four Ways That Being Diligent with Your Mortgage Payments Can Seriously Improve Your Credit

The unfortunate reality is that many individuals have a lower credit rating than they would like. For many, this is caused by issues related to high debt balances, late payments and other related issues. If you have a lower credit rating, you may be wondering what steps you can take to improve your standing with the credit bureaus. While there are several steps available for you to consider, making timely payments on your home mortgage can have a great impact on your credit. There are four unique ways that diligence with your mortgage payment may improve your credit. Showing Financial…

24

Mar

By Todd Grey

Homeowner TipsAround The Home, Homeowner Tips, Upgrades and Renovations

Working from Home? Learn How to Create the Perfect Office with Any Spare Room

With the increasing flexibility of the modern workplace, there are many more businesses offering their employees the opportunity to work from home. While this shift in the job market has created many new options for freelance workers, it can also be a good reason to turn a spare room into a spanking new office. If you're working from home, here are some tips for a stylish transition. Prime It With Paint Outside of lighting, the color and upkeep of the walls is going to have a huge impact on the way your spare office will look. Before even considering placing…

23

Mar

By Todd Grey

MortgageLoan Application, Loan Approvals, Mortgage

Approved With Conditions: What Does It Mean?

Applying for a home loan might not be the most exciting part of purchasing a home; however, many homeowners need to go through a lender to purchase a home. It is exciting to hear that the approval letter has gone through; however, it is also possible for someone to see that they have been approved with conditions. What does this mean? What are some of the most common reasons why someone might have conditions? It Could Just Be Standard Procedure Sometimes, people see that they have conditions to meet as a simple part of the approval process. For example, someone…

22

Mar

By Todd Grey

Financial ReportsEconomic News, Financial Reports, Jobless Claims

What’s Ahead For Mortgage Rates This Week – March 22, 2021

Last week’s economic reports included readings from the National Association of Home Builders on housing markets and Commerce Department data on housing starts and building permits issued. Weekly reports on mortgage rates and jobless claims were also released. NAHB: Builder Confidence Slips as Materials Costs Rise The National Association of Home Builders reported that its Housing Market Index fell to an index reading of 82 in March as compared to February’s index reading of 84. Analysts forecasted a reading of 83. Builder concerns included rising materials costs and mortgage rates, which impact home pricing and affordability. Robert Dietz, Chief Economist…