Mortgage Rates were flat all last week, before getting destroyed on Friday. We clocked a sufficient rise to bump most borrowers up an eighth in rate, or significantly increase closing costs. The most prevalent rate quote for the best-qualified borrowers…
1. "I need at least 5% Down to purchase a home". Nope, FHA will allow as little as 3.50% down with some or all of it being gifted funds. There are Conventional Programs that allow a 3.00% down payment as…
Is it the right time to Purchase a home? According to the Home Opportunity Index(HOI) it may be the perfect time to buy a home for a few very important reasons. First off, in short the HOI is a quarterly…
