Source: Motley Fool — A cash-out refinance loan is a way to tap into the equity of your home while also modifying the terms of your current mortgage loan. It works simply. You apply for a new mortgage loan for more money than you currently owe. If you qualify...
Source: Better Homes and Gardens — Millennials and Gen Z are more likely than previous generations to be self-employed in some capacity—which can make buying a home more complicated. These expert tips help make sense of the process. Once upon a fairytale, it...
Source: Ris Media — Tim Grant, a REALTOR® with Better Homes and Gardens Real Estate Metro Brokers in Newnan, Georgia, has been a huge proponent of Rocket Mortgage with his customers since working with the lender to finance his own home purchase. “The process...
Source: Forbes Advisor — If you have to pay private mortgage insurance (PMI), you’re likely looking forward to the day your home equity hits 20% of the home purchase price so you can be released from PMI payments on your mortgage. Better yet, rising home values...
Source: Fox Business— Mortgage rates gained in the past week, putting a damper on demand for mortgage applications. Mortgage applications declined 2.8% from a week ago, according to the weekly survey from the Mortgage Banker’s Association. The increase in...
Hits and Misses for the Real Estate Week of April 27-May 1
