It was recently released that the mortgage insurance premiums for FHA mortgages is reducing by half a percent. This will assist home buyers currently in the market. The following is some important information on PA lower FHA mortgage insurance ... Read More
Market Trends
What Is Included In Sewell New Jersey Recurring Mortgage Payments
It is important to understand what is included in Sewell New Jersey recurring mortgage payments to better budget for home ownership expenses. The acronym PITI is often used to remember the items, which are principal, interest, taxes, and insurance. ... Read More
Benefits Of VA Loans In Vineland New Jersey
Veterans have the option of obtaining VA loans offered by private lenders but guaranteed by the VA. The guarantee protects lenders from loss up to a certain dollar amount should a borrower go into foreclosure. With this guarantee, lenders are able to ... Read More
MassHousing Loans For Philadelphia Real Estate Buyers
MassHousing is a not for profit public agency in Massachusetts that offers mortgages. They do not use taxpayer funds and are a self-supporting agency. Home buyers may want to evaluate a MassHousing loan as it may be more beneficial than an FHA loan. ... Read More
Abington PA Real Estate Scheduling Of Closings
The closing (also referred to as settlement) is usually the final official step in the real estate purchase or sale process. It is commonly a day of both nervousness and excitement. It is important to understand what to expect and what can lead to ... Read More
Advice On Haddonfield New Jersey Real Estate Casualty Loss Tax Write-offs
The federal government offers a tax deduction for home casualty losses. This is an itemized deduction, so qualification depends on the individual finances of a taxpayer. Deductions drop taxable income and the amount of tax due, and can therefore be ... Read More
Interest Rate Fluctuations Impact Philadelphia Or New Jersey Home Loan Pre-approvals
When you get pre-approved for a home loan, it is based on a particular monthly payment. The interest rate is assumed (in addition to other figures such as property taxes and homeowners insurance). Interest rate fluctuations impact Philadelphia or New ... Read More
Home Affordable Refinance Program (HARP) Details For The Cherry Hill Area
HARP is a loan refinance program that is part of an effort called Making Home Affordable (MHA) by the Departments of the Treasury and Housing and Urban Development (HUD). It is designed to aid homeowners current on their mortgage but who are unable ... Read More
Pennsylvania And New Jersey Closing Agent Responsibilities
The closing represents the conclusion of all the work and documentation in the home buying process. It is when the buyer becomes the new owner of a home. A closing agent manages the closing and is responsible for certain items prior to the closing ... Read More
Advantages Of Home Loan Pre-approvals Before Seeing New Jersey And Pennsylvania Homes
When thinking about purchasing properties, it is natural to be very excited and want to begin viewing properties right away. In that excitement, you may hold off on the critical step of obtaining a mortgage pre-approval. A pre-approval is a ... Read More
