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"] 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...
Category Archives: Mortgages
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...
… 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