Tag Archives: Federal Housing Administration

2017 Home Selling Trends

Moving season is back and the market is already showing signs of activity.  If you’re thinking about moving this summer, what kind of market are you likely to find? Rebecca Lake with has a look at five trends that could … Continue reading

Posted in Buying a Home, Selling a Home | Tagged , , , , , , , , , | Leave a comment

10 Terms First-Time Homebuyers Should Know

We’ve been working through the step-by-step process of buying a house. Today I ran across an article on U.S News and World Report by Geoff Williams that is very informative on the subject so we’ll follow a little detour and … Continue reading

Posted in Buying a Home | Tagged , , , , , , , , | Leave a comment

One-third would do it. Would you?

  A recent survey by BMO Harris Bank revealed that most people who go into the home buying process (61 percent) have a budget in place for their purchase. They know how much house they want and what it will … Continue reading

Posted in Buying a Home | Tagged , , , , , , | Leave a comment

What is a MIP? Will it hurt me?

I have good news and bad news. The good news is, you’re getting the house loan. The bad news is, there’s a MIP included in the payment. MIP is an abbreviation for Mortgage Insurance Premium. When you pay it each … Continue reading

Posted in Buying a Home, Financing a Home | Tagged , , , , , , , , , | Leave a comment

Mortgage Misconceptions

It is generally agreed that when you’re shopping for a new home, the easy part is the shopping. The hard part is the financing. The reams of paperwork and credit questions can leave a person with a bad headache. It … Continue reading

Posted in Financing a Home | Tagged , , , , | 2 Comments