Category Archives: Mortgages

Buy that home now! Mortgage rates may never get better than this.
Mortgage rates are about as low as they have ever been. Check out this graph we found on the Forbes magazine website. [caption id="attachment_2864" align="aligncenter" width="678"]mortgage rates 1971 to today A historical look at mortgage rates showing that they are lower today than nearly any other point in history[/caption] Why is this happening? With a pretty flat economy here...
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Rising Home Prices Make Credit Restoration Critical
The housing bubble has popped and now we are facing rapidly rising home prices in many parts of the country. If you want to buy a home, but have less than perfect credit, you need to put your plan into high gear. If you wait too long to restore your credit and buy a home, you may end up paying FAR more than you should (for less...
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Cosigning a loan is a two way street
… with lots of road blocks. And it makes sense why. If you need a cosigner to qualify for a loan, one (or more) of these things is true:
  • You have a troubled credit history and a low credit score
  • You have no credit or your credit history is very short
  • You are asking for a larger loan than your current finances can support
In other words, you are a...
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