Hub News

Work on Debt-to-Income Ratio for Best Mortgage Rates

When taking out a loan like a mortgage, your potential lender wants to know how much you currently owe versus how much you make. To increase your chances of securing the best rate possible, it is wise to pay off

Wyoming Town for Sale for $1.5M

For the less than the cost of some New York City apartments, you can buy your very own town in Wyoming. Aladdin, Wyoming, a 30-acre hamlet located 80 miles northwest of Rapid City, South Dakota, is on the market for

VHA Loans Helping Housing Market Boom

As soon as U.S. troops began steadily returning from their service in Iraq and Afghanistan, the number of FHA loans taken out began to soar. Following a decade of combat, “everybody is just ready,” said Air Force Staff Sgt. Claude

Former Prison Officer Convicted of Mortgage Fraud

A former Westchester County corrections officer was convicted on Monday on charges of conspiracy, wire fraud and making false statements to financial institutions. The officer, Jacques Kelly, will spend 15 months in federal prison and has been given until Sept.

Two Experts Say Home Prices Will Level Off, Then Drop

Two Bank of America Merrill Lynch analysts are predicting that rising housing prices will level off in mid-2016 and begin to drop shortly thereafter. This has not been the popular forecast among many experts, but Chris Flanagan and Gregory Fitter

Don’t Buy Unless You Can Stay Put

It’s not wise to purchase a home unless you can plan to stay there for at least a few years. With the various expenses incurred in each home-buying transaction, you may end up losing money, even if the value of

Average US Mortgage Rates Dip Slightly

The Associated Press is reporting that average mortgage rates dropped this week from 4.15 to 4.13 percent for 30-year loans, and from 3.24 to 3.23 percent for 15-year loans. These rates are even lower than they were at this time

Unorthodox Way to Pay Off Loan Early

In order to save some cash over the life of your mortgage, you may consider taking out a bigger loan than you need and making one large, lump-sum payment toward the principal immediately after closing. By doing this, you will

Mortgage Pre-Approvals May Help Home Buyers

In areas where you’re likely to be up against other buyers when bidding on a home, a pre-approval letter can be what sets you apart. The letter, which should be signed by your lender’s underwriter, assures the seller that you

Low Interest Rates Not Good for Selling

When mortgage rates fell below 4 percent in 2011 and dropped to a record low of 3.3 percent in 2012, many people purchased new homes or refinanced their existing homes. Good news at the time, but bad news for the

By clicking submit, I authorize Rate Fixers and its affiliated companies to: (1) use, sell, and share my information for marketing purposes, including cross-context behavioral advertising, as described in our Terms of Service and Privacy Policy, (2) supplement the information that I provide with additional information lawfully obtained from other sources, like demographic data from public sources, interests inferred from web page views, or other data relevant to what might interest me, like past purchase or location data, (3) contact me or enable others to contact me by email with offers for goods and services from any category at the email address provided, and (4) retain my information while I am engaging with marketing messages that I receive and for a reasonable amount of time thereafter. I understand I can opt out at any time through an email that I receive, or by clicking here.