Tag: first time home buyers

Qualifying for a Mortgage with Student Loan Debt

If you are in the market for buying a house it is important to understand the implications of qualifying for a mortgage with student loans. Each year, at least 60% of college attendees take out some form of student loans to help with the ever growing costs of higher education.  While this can be an… Read more »

How Mortgage Lenders Choose Your Mortgage Rate

Mortgage loans are detailed products and it is fair to say that one size does not fit all when it homes to home loans. The interest rate that you may qualify for on a mortgage may be different than what others qualify for based on their situation. This short video from MSNBC explains how mortgages… Read more »

WHERE ARE ALL OF THE FIRST TIME HOME BUYERS?

What’s going on with the first time homebuyer? It is hard to decipher the recent housing number reports as all of the first time home buyer seem to be disappearing. Because of recent market changes the May housing report is at it’s highest numbers since May 2006. Bloomberg, also reported that mortgage applications have sunk… Read more »

BUYING A HOME IN A SELLERS MARKET | MAY HOME SALES

May sales indicate the US housing market is blazing a trail to the best start in the past six years according to the National Association of REALTORS® (NAR).  With their monthly existing home sales reports analyzed we can see that “existing” homes sold climbed to 5.18 million for May of this year. With more homes… Read more »