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Category: Mortgage
17 posts found.
8 Tips to Help Buyers Shine in a Multiple Offer Market
8 Tips to Help Buyers Shine in a Multiple Offer Market
Why We’re Thankful for Clients Like You
During this season of gratitude, we at SimonHouses.com are grateful for many things and one of those things is you, our clients. Below is a list of reasons why we're thankful for you allowing us to help you achieve your real estate goals this season and throughout the year.
Three Reasons to Refinance Now
Homeowners who've considered refinancing a home mortgage take note: now is the time to make a move. While experts argue about the best reasons for refinancing, it depends on the individual as to which rewards can be greatest. Find out how this option could work for you, whatever your particular needs may be.
How Low Can Home Mortgage Rates Go?
Those who've been waiting for home mortgage rates to decrease are in luck. Rates have dropped for the fourth consecutive week, which combined with increasing inventory and moderately priced homes, creates optimal conditions for house hunters in Hampton Roads. So if you've been on the fence hemming and hawing about home ownership; delay no further! Now is a great time to pounce on these low rates while the getting's good.
Why 2014 is the Right Year to Sell Your Home
If you've thought about listing your home for sale, 2014 could be the year! Hop off that fence and call your real estate professional because a sale could be right around the corner. There are several reasons why now is the perfect time to sell, no matter what type of home you have.
Reasons why 2014 could be a good time to sell
New Year’s Resolutions for Future Homeowners
If you've been thinking that 2014 could be the year for you to become a homeowner, there are a few resolutions that could help. Take your ambitions seriously this year to get the results you want.
Shopping for a Home Mortgage Loan?
If you're looking to buy a new home, chances are you're probably shopping for a home mortgage loan. And there's a strong possibility that you want the lowest rates possible. The way things are going in the economy, it's best to lock in a low rate while they are still available. Homes are priced well and more affordable than ever with these great rates. You don't have to choose between that beautiful new home and a summer vacation; now you can have both!
Cash Works Wonders in Sellers’ Market
As buyers continue to snap up houses in this sellers' market, paying cash seems to be a way to not only stand out from the crowd but get the home you want. Bidding wars, builder lotteries and lack of inventory have some buyers wondering what move they should make and in some instances, it can be paying all cash. Even in Hampton Roads, the buyer's market is long gone. Serious sellers are right to look at alternative ways of locking down those dream homes.
Refinance Your Home Mortgage While the Getting’s Good
Should homeowners refinance their home mortgage loans in these unstable times? Absolutely! Now is the optimum time to take advantage of refinancing opportunities that may not hang around for fence-sitters. Individual reasons for refinancing homes vary widely; ranging from lowering monthly payments to pulling lump sums of money out to invest. There's really no wrong reason to refinance if it makes good financial sense for homeowners.
Get That Home Mortgage Loan in 2013
A mortgage loan can be an integral part of buying a home for most consumers, and 2013 will be no exception. Historically low interest rates make it an opportune time to purchase a house, whether it be a primary residence or vacation home. If you've sat on the fence wondering if now is the time to take advantage of current conditions, wonder no more says Polyana da Costa in her article, Ten Tips About Mortgages and Refinancing in 2013. Just take that first step towards home ownership.
Ensure Your Credit is in Check Before Getting a Home Mortgage Loan
When it's time to buy a home, credit plays an important role in obtaining a mortgage loan. And for this reason homebuyers should take careful note of their credit scores, staying on top of the information to make sure everything is current and accurate. Maintaining a firm understanding to one's credit score, noting what can be done to improve it and taking active steps to correct it can behoove buyers looking for home loans.
How Homebuyers Can Lock in Historically Low Mortgage Rates
Those historically low mortgage rates are the real deal, and they can save homebuyers big money. Fixed-rate mortgages, both 30-year and 15-year terms, are at incredibly low rates, while adjustable-rate mortgage interest rates are even lower. Just when consumers think home mortgage rates are as low as they can get, they continue to drop. But this descent will not last forever. Shrewd buyers should seize this opportunity before it's gone.
Is it Possible to Buy and Sell a Home at the Same Time … Successfully?
To sell a home and then buy another is nothing new, but when done at the same time hearts can begin to race. Thanks to experienced agents at SimonHouses.com, sellers who are also buyers can go through these transactions quite seamlessly. "Every buy/sell combo that I've done has gone really well," says Heather Larson, sales manager and trainer at SimonHouses.com. "Most people will purchase something contingent on the sale of the home that they're selling and because it's such a buyer's market ... a lot of people want to take advantage of those interest rates. They want to sell their home quickly so that they can purchase the home of their choice."
Want to Cruise Around the World? Buy a Home Using Low Mortgage Rates
When you buy a home using staggeringly low mortgage rates, you can essentially save enough money to take a cruise around the world, buy a hot car or inject your nest egg with a nice, fat shot of cash. This week, 30-year fixed mortgage rates actually fell again to 3.83 percent from an already historic low of 3.84 percent. These figures are quite a difference from last year when interest rates stood at 4.63 percent. Buyers wanting quicker payoffs are in luck as well, because the 15-year mortgage rate dropped from 3.07 percent in the previous week to 3.05 percent.
Affordable Housing Market Makes Buying a Home in Hampton Roads Easy
According to a CNN Money article, Buying a home won't get much cheaper. Whether you’re seeking affordable housing or buying a home in Hampton Roads, you can gain inspiration from this article. Author, Les Christie, explains that cheap prices and historic low mortgage rates work together to create the perfect buying environment for those who want to save money. It is now actually less expensive to buy a home instead of renting, which is helping convert even diehard renters into happy homeowners these days.
Affording a New Home is Easy With Today's Low Mortgage Rates
Mortgage rates are lower than ever, so affording a new home has never been easier. Getting a home mortgage is not the long, arduous task that naysayers may have claimed it was in the past. Just open any newspaper and see home mortgage rates continue to hover near historic lows. Such numbers can only mean one thing for homebuyers- opportunity! Getting an extremely low mortgage rate means getting more house for less money and making house payments that are cheaper than rent. Buying a home is affordable for everyone, so now is the time to buy!
