22
Sep
By Todd Grey
Home Mortgage Tips, ,

Worried About Mortgage Rates Going Up? 3 Steps to Prepare Yourself Financially

Mortgage rates have been at record lows for quite some time, making it easy for new homebuyers to finance their dream homes. But what comes down will eventually go back up, and with the world economy expected to rebound in 2016, we're about to start seeing more expensive mortgages. So what can you do to prepare yourself before mortgage rates start to rise? Here are three strategies that will keep you ahead of the game. Start Saving More Money Now If you have a variable rate mortgage, you've benefitted from great interest rates that this world won't see again for…
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21
Sep
By Todd Grey
Mortgage Tips, ,

Keeping A Closet Organized: The Top Tips

Homeowners need to make sure they maximize every square foot of their home. This includes the closet. Many people get frustrated when they look at their closets because they feel like they cannot find what they are looking for. Anyone who is struggling to keep their closet organizers should take a look at a few important points below. Remove Items That Are No Longer Being Used The first step in creating more space in a closet is getting rid of items that are no longer being used. First, take a look at all the items on the hangers. Then, see…
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20
Sep
By Todd Grey
Financial Reports, ,

What’s Ahead For Mortgage Rates This Week – September 20, 2021

Last week’s scheduled economic reporting included readings on consumer prices, retail sales, and the University of  Michigan’s preliminary Consumer Sentiment Index. Weekly readings on mortgage rates and jobless claims were also released. Consumer Price Growth Slows in August The Consumer Price Index reported that consumer prices grew by  0.30 percent in August as compared to July’s consumer price growth pace of 0.50 percent. Core consumer prices, which exclude volatile food and fuel sectors, also slowed in August to a pace of 0.10 percent as compared to July’s reading of 0.30 percent growth. Used-car prices fell for the first time in…
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17
Sep
By Todd Grey
Mortgage, ,

Is An Escrow Account Right For You?

When someone is looking at purchasing a home, they usually focus on the purchase price of the home and the potential monthly payment. At the same time, there are other costs that need to be included as well. This includes home insurance and real estate taxes. As a result, many homeowners find themselves asking if they should use an escrow account or not. What do homeowners need to think about and how can they make the right decision? What Is An Escrow Account? First, it is important to define an escrow account. An escrow account is an account that contains…
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16
Sep
By Todd Grey
Mortgage, ,

A Home Improvement Loan: How To Get One

With more people spending time at home than ever before, many people are wondering how they can go about changing the way the home is laid out. This can be an expensive project, which is why many people are interested in getting a home improvement loan. With many people buying outdated houses, there are numerous projects that many homeowners want to finish; however, this process is not the same as applying for a mortgage. There are home equity lines of credit, cash-out refinance opportunities, and financing through the contracting company. How is the process of applying for a home improvement…
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