The SCOOP! Blog Read Amazing Insights.

Follow me
By
Mortgage and Lending - ChangeMyRate.com® A Mortgage Corporation - NMLS #1326269

ARCHIVED BLOG POSTS

2021 

The housing market has been on fire during the Covid-19 pandemic. People are looking to change locales, get more space, or just make some money owning real estate. Do not forget less than a decade ago; we were just coming out of the great recession and a major housing crisis. It is imperative tha...
06/29/2021
Refinancing a mortgage is when you get a new loan to replace your current home loan. Depending on the type of loan you get, refinancing could help lower your interest rate or monthly payment or shorten your repayment terms to pay off your loan sooner.When current mortgage and refinance rates are ...
06/26/2021
Higher home prices are having a significant impact on housing affordability, regardless of historically low mortgage rates. Housing affordability has declined compared to a year ago in all four major regions of the U.S., according to the National Association of REALTORS®’ Housing Affordability In...
06/24/2021
Potential homeowners keep an eye on interest rate moves. And so do lenders. Higher rates mean borrowing power is diminished. Some become more serious ‘rate watchers’ than others. Others less so. But just reading the headlines of recent rate moves need to be looked at with a little more scrutiny. ...
06/22/2021
Buying a home is a major event. If you're a first-time homebuyer, it's normal to have a lot of questions about the process. Can I qualify for a mortgage? How much can I afford? Do I need a mortgage before I look at homes? Where do I even begin?In this article, we'll outline the steps to getting a...
06/21/2021
When you purchase a home, even a home that isn’t new, there is a very good chance that you will be offered a home warranty as a safety net against expensive, unforeseen repairs. It may sound like a great form of financial protection—but is it really the safety net that homeowners expect? Let’s f...
06/20/2021
Discrimination and inequalities persistThe mortgage approval process refers to the steps related to securing a home mortgage. Estimates report that nearly two-thirds of a typical American household’s wealth comes from homeownership, making it crucial for prosperity.1Lending is central to homeowne...
06/17/2021
With mortgage rates at historic lows, now is a great time to save money by refinancing. And it may make sense even if you already have a low rate on your mortgage. Mortgage rates have been at historic lows ever since the beginning of the coronavirus pandemic. At the beginning of 2020, 30-year mor...
06/16/2021
Mortgage rates are expected to remain low, and home prices are forecast to rise more slowly than in 2020.Buying a house is like playing a complicated sport. You need to know the rules and get in shape before hitting the field, and then nimbly maneuver through challenges to win the game.In 2021, “...
06/15/2021
A home appraisal helps sellers extract maximum value and protects buyers and lenders from overpaying.The goal of an appraisal is to provide an estimation of a property’s market value.A home appraisal may not be top of mind when you're looking to buy, sell or refinance a home. But maybe it should ...
06/14/2021
Rainer
209,337

Jackie A. Graves

President
smartphone562-513-0999
Contact The Author