Is An FHA-Insured Mortgage What You Need?
One of the few blessings to come out of the Great Depression was the FHA-insured loan. Although, contrary to what many think, it wasn’t created to help low-income buyers get into homeownership. Just as during our recent recession, in the Great Depression foreclosure rates skyrocketed, leaving lenders in the lurch. The FHA-insured loan was created […]
What You Need To Know About A Mortgage… BEFORE You Get One!!!
Getting a mortgage for a home can seem like a complicated and mysterious process. Just like any good investment, you should never buy anything that you don’t understand. Knowing how the mortgage lending system works will relieve much of the stress and anxiety associated with making what is most likely the largest purchase of your […]
Rising Mortgage Rates May Be Good For You!!!
I Want to Buy a Home… How In The World Can Rising Mortgage Rates Be Good? In the current market for Northeast DFW Homes, prices are high, the supply of homes is low and credit from mortgage lenders is tight. In fact, mortgage lending rates have gone up almost a full point from the record lows […]