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RECENT BLOG POSTS
Mortgage Rate Update & How Adjustable Rate Mortgages Work During the last decade, Adjustable Rate Mortgages (ARMs) have increased in popularity among consumers. These days, few homeowners (especially first-time buyers) remain in their homes for more than seven years. In this case, it often makes...
08/27/2009
Buying A Home - Part 5: Glossary of Terms   Adjustable Rate Mortgage (ARM)   A mortgage in which the interest rate is adjusted periodically based on a pre-selected index and margin. Amortization   Means of loan payment by equal periodic payments calculated to pay off the debt at the end of a fixe...
08/26/2009
Home News Lower Your Property-Tax BillBy Pat Mertz, Kiplinger's Personal Finance, www.kiplinger.com If you anticipate a silver lining in the black cloud of declining home prices - in the form of lower property-tax bills - you may be disappointed. The National Taxpayers Union figures that as much...
08/25/2009
Buying a Home - Part 4: Credit Scoring Your credit score is a major factor that will be considered by the lender when they review your loan application. They want to know what your credit history is, and whether you have the ability to pay back the loan you are requesting. In short, good credit ...
08/24/2009
Financial Tips for Couples Who Need to Talk Tough economic times can cause a major strain on your marriage. And while we all know that communication is often the key to overcoming this challenge, discussing finances with a spouse can be extremely difficult for many people. With this in mind, her...
08/24/2009
$8,000 Tax Credit for First Time Home Buyers Mortgage NewsWhat Would You Do With $8,000? What if the government decided today that, instead of bailing out Wall Street, it was going to give every American $8,000? What would you do with the money? For most Americans, paying off credit card debt wo...
08/22/2009
Mortgage Rate Update & Go Back to School...For Free! These days, many adults are taking classes to retool their skills or learn about new industries. With a little research and a little effort, returning to school may be a whole lot easier...and a whole lot cheaper...than you think!|Here are som...
08/20/2009
Buying A Home - Step 3: Origination Points Origination points are often misunderstood. Points are nothing other than interest paid at the time of closing to obtain a lower interest rate on a loan. One point is equivalent to 1% of the loan amount. If you are going to borrow $300,000 on your loan, ...
08/19/2009
   Ways to Raise Your Credit Score - And Fast If you are looking to improve your credit score quickly, now is the time to get started. Give us a call. We'll review your credit and find out exactly where you stand and where you need to get to. In the meantime, here are some great strategies you c...
08/19/2009
Buying A Home - Step 2: The Nuances of Your Contract The process of buying a home is often much more complex than the average individual expects it to be. Items involved in your purchase contract can have a significant impact not only on the success of your purchase transaction, but on your stre...
08/17/2009
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Karl Peidl

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