How no-cost mortgages save buyers money when rates come down
By JEFF LAZERSON | jlazerson@mortgagegrader.com | MortgageGrader.com
Article originally posted in Orange County Register on February 22, 2024.
Rumor is that the Fed might drop short-term rates three times in 2024.
That’s good news for homebuyers as fixed-rate mortgages tend...
Navigating Home Inspections: A Buyer's Guide to Uncovering Hidden Issues
Spotting potential problems in a home is crucial for any prospective homebuyer. While a property may seem perfect at first glance, underlying issues may not be immediately apparent. These issues could range from water damage to foundation problems and even troublesome neighbors.
Here...
10 creative ways to income-qualify for a home loan
Options include a trusted co-signer, tapping stock investmentsand even future alimony payments
By JEFF LAZERSON | jlazerson@mortgagegrader.com | MortgageGrader.com | February 19, 2024
Article originally posted in Orange County Register on February 15, 2024.
Mortgage rates...
Mastering Your Mortgage Journey: The Importance of FICO Score 8
Understanding your credit score is crucial, especially when it comes to significant financial decisions like applying for a mortgage. Among the various credit scoring models out there, one of the most widely used is the FICO Score 8.
But what exactly is it, and why does it matter so much in...
Cash-strapped, 55-and-older homeowners can weigh no-payment reverse second
Borrowers never make a payment on the reverse second.But of course, nothing is free.
By JEFF LAZERSON | jlazerson@mortgagegrader.com | MortgageGrader.com | February12, 2024
Article originally posted in Orange County Register on February 8, 2024.
Many cash-strapped senior...