June 2015

There are 2 blog entries for June 2015.

By: Andrea Murad

First-time homebuyers with limited budgets who want to live in a particular area can usually benefit from buying a less expensive home that’s a fixer-upper — and these loans make it feasible.

If you’ve found your dream home (but it’s in need of some TLC), consider one of these loans.

It takes a special person to see the potential in a home that’s in need of serious rehab. If you’ve got your heart set on buying a dream fixer-upper — but don’t have the savings to cover both a down payment and a renovation — there are loan products out there that could help you make your dream a reality.

Consider a loan with a built-in reserve

The Federal Housing Administration

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Mortgage Rates Over The Last 40 Years [INFOGRAPHIC] | Keeping Current Matters

Some Highlights:

  • 30-year mortgage rates are projected to increase by a full percentage point in 2016
  • Rates are still well below the past four decade averages
  • The interest rate at which you borrow the funds to purchase your dream home makes a huge difference on your monthly payment
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