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What’s Ahead For Mortgage Rates This Week – May 16, 2022

May 16, 2022 by Patrick Jones

Last week's economic reporting included readings and forecasts on inflation and the University of Michigan's preliminary consumer sentiment survey. Weekly readings on mortgage rates and jobless claims were also released.

Filed Under: Financial Reports Tagged With: Financial Report, Jobless Claims, Mortgage Rates

Wondering How Much Mortgage You Can Afford? Here’s How to Calculate It

May 13, 2022 by Patrick Jones

Many people are aware of the financial commitment that is involved when investing in a home, but what that amounts to is different for every person. From what you can afford to what a lender will allow, there are plenty of details involved in determining the right home for you. If you're not quite sure what the right price is, here's how to approach home ownership and determine your debt-to-income.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage, Mortgages and Credit

ARM Loans: What To Know

May 12, 2022 by Patrick Jones

Many people are wondering what type of home loan is right for them, and one of the options is an ARM loan. This is an adjustable-rate mortgage. Typically, the rate is fixed for a certain amount of time, but it can change after that. Adjustable-rate mortgages will vary depending on the market. Is an ARM a smart loan option? There are some situations where an ARM loan can be helpful, but people need to be careful with them.

Filed Under: Mortgage Tagged With: ARM Loans, Mortgage, Mortgage Rates

The Younger Generations Are Interested In Owning A Home

May 11, 2022 by Patrick Jones

The real estate market has been red hot this year, with many people looking to purchase a home because of record-low interest rates.

Filed Under: Mortgage Tagged With: Mortgage, Mortgage Payment, Younger Generations

Renovating on a Budget? Check Out These Equity-boosting Inexpensive Home Upgrades

May 10, 2022 by Patrick Jones

The idea of embarking on home renovations may strike many homeowners as an expensive one, but there are plenty of ways that you can easily upgrade your home without spending a lot of money. If you're looking for improvements that will truly (and frugally) improve the value of your home, here are a few do-it-yourself options you may want to consider.

Filed Under: Around The Home Tagged With: Around The Home, Homeowner Tips, Upgrades and Renovations

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Recent Articles

  • What’s Ahead For Mortgage Rates This Week – May 16, 2022
  • Wondering How Much Mortgage You Can Afford? Here’s How to Calculate It
  • ARM Loans: What To Know
  • The Younger Generations Are Interested In Owning A Home
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