Tag: michigan home loan

Housing Inventory Reaches 18-Year Low

Housing Inventory Reaches 18-Year Low The number of active listings dropped again last month to the lowest level since 1999, according to the National Association of Realtors.  Only 1.65 million homes are available for sale, which equates to roughly 3.6 months of inventory nationwide.  This figure is downward from the 3.9 months of inventory reported in December… Read more »

How to Ensure a Fast Mortgage Closing

If you’ve ever purchased a home, you know how stressful the process can be. What should be an exciting experience can quickly turn to panic, as the target closing date approaches. So, what can be done to prevent delays along your path to homeownership? Check out our list of tips and tricks below to meet (or beat!) your closing date. Get… Read more »

How to Refinance a Home Loan

Want to save money on your mortgage? Refinancing might be the best way to take advantage of the historically low rates. Depending on your goal, make make great financial sense to refinance your mortgage. Here’s what you need to know to make the best decision. Benefits of Refinancing your Home Loan Before you refinance your… Read more »

Second Wave of Foreclosures on the Way

Foreclosures have plagued the United States for the past few years and it seems that trend is set to continue.  Now even though the amount of foreclosures dropped 19% in January and another 8% in February, it’s expected that a massive increase in foreclosures is on the way.  Experts warn that the massive $26 billion… Read more »

Record Low Fixed Rates

Homebuyers have enough to stress over with everything that comes along with home hunting.  Selecting a realtor, inspections, bidding and everything else that comes into play means even more to put onto your plate.  Luckily, there is some good news for those of you looking to buy a home.  Specifically if you select a 30-year… Read more »