Loans

Aug. 21, 2020

Refinancing your mortgage isn't always the right move

Here are plenty of reasons to refinance your home — better rates, lower monthly payments, and getting rid of private mortgage insurance are just a few of them.

But there are times when refinancing isn't the best financial decision. Darrin English, Senior Community Development Loan Officer at Quontic Bank ...

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June 22, 2020

Spotting appraisal deficiencies

number 2 pencil

For home sales contingent on financing, the appraisal has the potential to derail the entire sale — or validate the price, cinching mortgage approval.

When an appraisal comes in below the price the buyer and seller agree to, this is known as a low appraisal. The mortgage lender will not ...

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March 27, 2020

First-time homebuyers prefer lower interest rates to bigger tax breaks

money market low interest rates mortgage

Forget a two-car garage and a white picket fence — first-time homebuyers want lower interest rates.

A recent Redfin survey of homeowners who purchased their first home within the prior 12 months found lower interest rates were highest on first-time homebuyers’ wish lists. Of the first-time homebuyers surveyed about what ...

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March 9, 2020

National Market Update Week of March 9, 2020

NATIONAL MARKET UPDATE

Freddie Mac's Primary Mortgage Market Survey reported the national average 30-year fixed mortgage rate hit "the lowest level in its nearly 50-year history," as noted by their chief economist. 

He added that mortgage applications are up 10% from a year ago "and show no signs ...

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Feb. 18, 2020

National Market Update Week of February 17, 2020

A new industry survey found nearly half of all current homeowners plan to move this decade. That should allay concerns that the housing market might stagnate from too many Baby Boomers aging in place.

The Mortgage Bankers Association reports the spring homebuying season has officially begun. Last month was ...

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Feb. 11, 2020

National Market Update Week of February 10, 2020

Builder confidence hit 75 in December, a ten-year high. So it was no surprise that residential construction spending rose 1.4% for the month. This should start to relieve the tight supply in many markets.

That's important as buyer demand increases. Black Knight's latest Mortgage Monitor notes ...

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Jan. 27, 2020

National Market Update Week of January 27, 2020


After slumping in November, Existing Home Sales rebounded in December, up 3.6% for the month, jumping decisively over the 5.5 million unit annual rate threshold, 10.8% higher than a year ago. 

Putting the brakes on sales are low inventories in many areas. But builders are ...

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Aug. 16, 2011

Ultimate Guide to Financing

Small Business Financing

by JamieD, Former Moderator
Tuesday, 08/03/2010 - 8:37am

Without the right financing, the chances of your business succeeding are slim to none. Whether you're looking for start-up capital or funds to keep your business operating, it's important to know the best way to go about finding ...

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Aug. 16, 2011

Find Loans and Grants Fast!

Government Grants

Federal, state and local governments offer a wide range of financing programs to help small businesses start and grow their operations. These programs include low-interest loans, venture capital, and scientific and economic development grants.


Find Loans and Grants Fast!

Search for Loans & Grants to find financing for your small ...

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Aug. 11, 2011

You Can Get a Good Loan

You Can Get a Good Loan

You probably know from recent news reports or your own experience that lenders are tightening their standards, making it harder for some people to get a loan or charging more for some types of credit than in the past. But what you may not know is that credit is still ...

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