03
Nov
By Todd Grey
Mortgage, ,

How To Negotiate A Better Mortgage Rate

For those who are thinking about buying a house in the near future, they want to make sure that they get the best mortgage rate possible. At the same time, if people who want to reduce the interest rate on their mortgage, then they need to do everything you can to make yourself as attractive as possible to lenders. When they are negotiating for a better rate on your mortgage, they need to keep a few important points in mind. Make A Larger Down Payment If people want the lender to reduce the interest rate on your mortgage, then borrowers…
Read More
30
Oct
By Todd Grey
Mortgage, ,

How Much Income Should People Spend On A Mortgage?

When people are looking for a home, this is an exciting process. There is always something fun about looking at potential homes and envisioning a future there. This is a big decision. At the same time, it is just as important for people to think about how much of their money they should be spending on their mortgage. There are a few rules of thumb that people should keep in mind.  The 28 Percent Rule One of the most common rules that financial advisors and lenders are going to talk about is going to be the 28 percent rule. This…
Read More
23
Oct
By Todd Grey
Mortgage Tips, ,

The Top Questions Everyone Should Ask Before Renovating A Home

There are a lot of people who are looking to improve the home in which they live. One of the top ways to do this is to renovate the building; however, it is also important for everyone to make sure they know exactly what they are doing before they get started. There are several questions that everyone should ask before they start a home renovation project. Is The Home Worth Renovating? One of the top reasons why people renovate a home is that they think this is going to increase the value of the home. While this is certainly possible,…
Read More
20
Oct
By Todd Grey
Mortgage, ,

Are Home Warranties Worth The Money?

Those who own homes might regularly receive mail advertising something called a home warranty. Many people end up tossing these leaflets away because they think this is just another form of home insurance, which many people get through their mortgage lender. In reality, a home warranty is not home insurance. Therefore, some people might be wondering whether or not a home warranty is worth the money. There are a few important points that people should know. What Is A Home Warranty? A home warranty is similar to insurance is that people are going to pay a set premium per year…
Read More
13
Oct
By Todd Grey
Mortgage, ,

Getting A Home Mortgage Through Virtual Lending

There are many people who are looking to buy a home during the COVID-19 pandemic; however, given the public health crisis that the pandemic has created, some potential homeowners are finding it difficult to go about buying a home in the traditional manner. As a result, banks and credit unions have woken up to a major shift in society as they have had to catch up to the digital age. Right now, there are record numbers of people who are looking to buy a new home or refinance due to the massive rate cuts that the government has instituted in…
Read More