April 2015 - Platinum Lending Solutions

Do You Need a Real Estate Attorney to Help Close Your Home Purchase? Let’s Take a Look

April 30, 2015
Mortgage News

When buying a new home, you may have a close eye focused on your budget and expenses, and your goal may be to keep related expenses to a minimum. However, you may also be well aware that a real estate purchase is a legal transaction, and you may be wondering if you need to pay for legal services from a real estate attorney.

Case-Shiller: 20-City Home Price Index Hits 6 Month High

April 29, 2015
Mortgage News

According to the Case-Shiller 20-City Home Price Index for February, month-to-month home prices increased by 0.50 percent from Januaryâs reading and achieved the highest year-over-year gain in six months. Analysts expected February home prices to increase by 4.80 percent.

Yes, It’s Possible to Get a Mortgage Without a Favorable Credit History – Here’s What You Will Need

April 28, 2015
Mortgage News

There are several factors that are reviewed when you apply for a home mortgage, and one of the initial factors is your credit rating. You may already be aware that you have a lower credit score, or you may have learned about your credit issues after speaking with a mortgage professional. The good news is that you may still be able to get a mortgage without a favorable credit history with a few things.

What’s Ahead For Mortgage Rates This Week – April 27, 2015

April 27, 2015
Mortgage News

Last week's housing related reports included the FHFA Home Price Index, the National Association of Realtors Existing Home Sales report and The Commerce Department's report on new home sales. Results were mixed, but suggest that housing markets are strengthening.

The Three Essential Habits That Successful Home Buyers Must Embrace

April 24, 2015
Mortgage News

Whether you are preparing to purchase your first home or it has been many years since you last walked through the home buying process, you may be starting to feel overwhelmed at the thought of all of the work that lies in front of you. While each home buying transaction is unique, the most successful home buyers have typically adopted a few behaviors. You may keep these in mind to help you navigate through the process with success.

Should You Be Worried About Skipping Multiple Mortgage Payments? Yes, and Here’s Why

April 23, 2015
Mortgage News

If you are skipping multiple mortgage payments, you should be concerned about your financial situation. There are several important reasons why you may want to take action to improve your situation or to work out a payment arrangement with your mortgage company.

Thinking About Buying a Rental Property? 3 Reasons You’ll Want to Get a Mortgage Pre-Approval

April 22, 2015
Mortgage News

A rental property is a wonderful investment option to consider, and it can provide you with everything from considerable tax benefits to appreciation and monthly cash flow. While you may be eager to get started searching for a new rental property to invest in, a good idea is to take the initial step to get pre-approved for your mortgage.

The Pros and Cons of Putting in More Than 20 Percent as a Down Payment on Your New Home

April 21, 2015
Mortgage News

One of the most common questions home buyers ask today relates to how much money they need to put down on a home. There are several points to consider to determine if making a larger down payment is right for your financial situation.

What’s Ahead For Mortgage Rates This Week – April 20, 2015

April 20, 2015
Mortgage News

Last week's economic reports included the NAHB Wells Fargo Housing Market Index, Housing Starts, and Freddie Mac's weekly survey of mortgage rates. Other news included the weekly jobless claims report and consumer sentiment for April.

Pre-sale Painting: Color Combinations to Use – and Avoid – when Painting Your Home

April 17, 2015
Mortgage News

You have a rainbow of possibilities for your space when preparing your home for sale, but you want to choose colors that will have broad or universal appeal to buyers and that will showcase your home in the best possible light.