Freddie Mac announced a new loan product to help homeowners and homebuyers pay for home renovations. (iStock) Freddie Mac on Thursday introduced its new mortgage product, the CHOICEReno eXPress mortgage, which will allow homebuyers and homeowners to pay for home renovations by funding the project through their mortgage purchase or […]
Read Time : 7 Minutes
How to buy a home using tools like Google Earth, LinkedIn and mortgage calculators
Tim and Alison Harris were living in Houston when he was recruited in 2016 to work in the Spokane, Washington, area. After researching neighborhoods, banks and a real estate agent online and through colleagues, the couple found themselves in a bidding war for a new home. That’s when Marianne Guenther […]
Read Time : 6 Minutes
How to refinance your mortgage if your home appraisal is too low
There are ways to overcome a low home appraisal value and refinance mortgage rates at near-historic lows. Explore your mortgage refinancing options. (iStock) Refinancing a mortgage can help homeowners secure low interest rates and flexible loan terms. However, there are some costs to refinance mortgage payments including closing costs and […]
Read Time : 7 Minutes
In time for Thanksgiving, Army vet’s home mortgage paid in full
When he purchased his Buckhead home in 2017, Berschinski knew he needed to make repairs just to be able to enter and exit his residence in his wheelchair. He hired a handyman to build a ramp from the driveway up to the back deck but still couldn’t access his home […]
Read Time : 7 Minutes
Do you need an appraisal to refinance a mortgage?
A home appraisal can ensure a homeowner is paying what the home is worth currently. (iStock) Before you refinance your mortgage, you’re going to want to understand all the steps involved. Like, do you need to get an appraisal to refinance? If you’re unsure, then you’re in the right place […]
Read Time : 8 Minutes
Can You Refinance Your Mortgage Online?
If you’re eyeing a refinance to take advantage of record-low mortgage rates but want to keep your distance from a bank branch or closing table, you can refinance online. Changes prompted by the coronavirus pandemic, coupled with recent technological advances, have pushed much of the mortgage refinance process online. Although […]