Home Buying Tips

How is COVID-19 Affecting Mortgage Rates?

In March, the Federal Reserve took steps to keep money flowing through the mortgage financing system, including two rate cuts that were part of the central bank’s efforts to protect the economy from sustaining even more damage from the COVID-19

PA Home Repairs Resulting in The Most Value

PA homeowners should analyze the actual increase in the value of their property compared to the expense of particular changes before performing any projects. Some repairs may be more advantageous than others. Below is guidance on PA home repairs

PA USDA Home Financing Information

It is a surprise to many that the USDA (US Department of Agriculture) offers mortgages. The home loans may be used for properties in specific non-metropolitan locations and have special terms and features. This article includes PA USDA home financing

Overview Of HomeStyle Mortgages

FNMA HomeStyle mortgages enable people to include the expense of renovation into the financing. It can be used to purchase a new property or to refinance a current one. It may apply to minor and major tasks and thus is a great alternative for houses

Condo Purchasing Advice For PA First Time Buyers

Purchasing condominiums is much different from purchasing single families. There is more information to consider. This article discusses condo purchasing advice for PA first time buyers. Condo - Defined Condos are properties with two or more units

HomePath Mortgages For Renovations

HomePath mortgages for renovations enable loans to be obtained on a house that may otherwise not qualify for financing. The cost of renovations can be rolled into the mortgage amount, making purchasing the property possible. Below is some helpful

Removing Mortgage Insurance From FHA Loans

Mortgage insurance is normally included in home loans with less than a 20% downpayment. Most homeowners who use FHA have little down payment funds and will therefore need to pay mortgage insurance every month. The amount is calculated using the

PA Home Equity Loan Guide

There are many different home equity loan options. Some can be a better solution than others depending on your circumstances, mortgage rates, and what you need the loan for. The PA home equity loan guide detailed below may help you understand your

Why Purchasing A Home In 2014 Is A Wise Decision

Similar to a large number of folks, you may have been browsing home listings online for a long time,...contemplating when to act. Home buying is a major investment with a wide range of considerations. The following is information on why purchasing a

Benefits Of HomePath Loans For PA Properties

If you are seeing a Fannie-Mae owned property, you may see a notation about HomePath mortgages. These loans are exclusively for Fannie Mae listings and come with a few unique financing terms. The benefits of HomePath loans for PA properties below