Mortgage companies and loan officers will tell you that it is not uncommon for a credit report to contain errors, and those mistakes can cost you! The interest rate you receive on a mortgage depends in part on your credit score, and mistakes in your credit report can have a negative affect on your score…. Read More
Interest Rates
Existing-Home Sales on Track for Further Expansion in 2016
Following the housing market’s best year since the recession, existing-home sales are expected to increase in 2016 at a moderate pace; although affordability pressures from inventory shortages and rising mortgage rates could slow the potential for even stronger sales momentum, according to an economic forecast forum held last week at the 2015 REALTORS® Conference &… Read More
An IRA for Real Estate?
Real Estate As An Individual Retirement Account Investment If you think the stock market is overvalued, you’ve been disheartened by the relatively low rates of return offered by your traditional fixed income investments or you need to diversify your retirement portfolio, you can open a self-directed Individual Retirement Account (IRA) that invests in real estate…. Read More