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Mortgage and Lending - The Michael Haigh Team - NMLS# 200819
    As first-time homebuyers finally begin returning to the housing market, there may be one “bank” in the country that is actually happy to be lending less, namely the Bank of Mom & Dad. Last year, the percentage of family and friends supplying financial help had fallen to 12%, the lowest since...
         Bartek Szewczyk—Getty Images/iStockphotoLearning a few simple truths today will pay off tomorrow. Among the countless stereotypes about young people is the belief that they manage money poorly. Indeed, studies find that most twentysomethings fail at answering basic questionsabout stocks,...
 Can Student Loans Hurt Your Mortgage Approval?     Your student loan servicer reports to the credit bureaus every 30 days, much like a credit card issuer or auto lender. But you may have a payment deal with your student loan servicer that isn’t reflected accurately on your credit report. Let’s s...
  Approved Credit Score ((c) KLH49)     Credit is the biggest hot-button topic in mortgage lending by far. Most would probably agree, any time you can raise your credit score to improve your mortgage scenario, consider taking advantage of it. However, every situation is different and here's what ...
                 October 13th, 2015 Yahoo Holiday Shopping Trends reports that non-holiday businesses see 40 percent of their total sales in the last two months of the year,proving it’s important to plan a campaign that brings a strong finish to the year regardless of holiday tie-in. We’ve known ...
OCTOBER 5, 2015 /ECONOMIC TRENDS/ by W.J. Bradley    The American population is moving, and in most cases, folks are headed west. That can be problematic for  people who are looking for housing in that area of the country, because houses are not staying on the market  very long in many major cit...
    October 6, 2015 / Loan Types / by W.J. Bradley  Paying the full amount of a monthly credit card bill has serious benefits for potential mortgage borrowers. Your credit score is one of the top factors lending agencies study when determining what size loan they will provide when it comes time t...
If you are applying for a joint mortgage on your property with your spouse or partner, the name that goes first could have more of an impact than you might think. A 2010 study by the Woodstock Institute showed that mortgage lenders were inclined to show favoritism when men were the lead borrowers...
Does the time of year when you put your home on the market affect how well it will sell?  What about the final sales price? According to many studies in housing trends, the answer is yes. The time of year when you sell your home can have an effect on how many people are interested and how much th...
Last week saw a relatively quiet week due to the 4th of July holiday, but there were some housing-related developments: Monday: The Department of Commerce reported that overall construction spending increased by 0.50 percent in May to a seasonally adjusted annual rate of $874.9 billion. Residenti...

Michael Haigh

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