When you visit your lender to get a mortgage for your home, they will tell you the maximum amount that you are allowed to borrow. But how do they reach this total and what factors do they take into consideration?
News, Updates, & Resources
4 Important Questions To Ask Before Refinancing Your Mortgage
So you are thinking of refinancing? Well you are in luck because I have 4 quick and important questions you should ask yourself before doing so.
BUSTED: 4 Myths About Buying Your Home That Just Aren’t True
It can be pretty intimidating to dip your toes into the realm of home ownership, especially if you’re a first-time homebuyer.
FOMC Statement Shows “Moderate” Economic Growth
The Federal Reserve’s Federal Open Market Committee met last week and Janet Yellen held her first press conference as Fed chair. According to the FOMC statement released after the meeting, the Fed cited severe winter weather conditions as a reason for slow economic growth in recent months.
Make Your Home Green This St. Patrick’s Day
You’re ready to make some changes to your home, but you want to be smart with your money and see a positive return on your investment.
What Financial Preparations Should I Make Before Applying For A Maine Mortgage?
Getting a mortgage isn’t an easy thing to do. Before a lender will put down tens of hundreds of thousands of dollars, it wants to know that the borrower can handle the loan so that it will get paid back.
How To Add Color To Your Home Decor Without Going Overboard
There is a fine line between adding color to your home dÃ©cor and using too much color, so that you feel like you are living inside a rainbow.
What’s Ahead For Mortgage Rates This Week – March 10, 2014
Last week’s economic news included construction spending and the CoreLogic Home Price Index for January. Reports for February included ADP Employment, Non-Farm Payrolls and national unemployment data.
How Can I Get A Cash-Out Refinance Using An FHA Loan in Maine?
While homeowners typically equate the FHA loan program with low-down payment mortgages, FHA refinances are also available.