Mortgage Purchase Archives - ResourceShark Blog

Surprising Facts About Independent Mortgage Brokers

True or False: Independent Mortgage Brokers Can Offer Realtors and Brokers Better Service than Big Lenders. TRUE: According to Housingwire.com, Independent mortgage brokers are cheaper, faster and offer better customer service. Below are some of the misconceptions and the explanation of why they may be totally wrong today. True or False: Independent Mortgage Brokers Have…

What Homebuyers Need to Know About Closing Scams

I love to talk about mortgage loan programs, and how PurchaseOurNewHome.com can direct you to great mortgage professionals who can put you into those mortgage loan programs. Unfortunately, today I think we should cover a recent scam targeting homebuyers just days before closing on their new home. How do homebuyers get tricked? Scammers are using…

January is the New Home Buying Season Opener

Spring starts Home Shopping season, right? Wrong! Realtor.com reports January is the new April of home buying. Since 2015 people are beginning the home search earlier, with the highest number of 2019 listing views in 1 out of 5 markets. With rising home prices and lower inventories, shoppers are beginning their searches earlier, often using…

HomeBuying in Winter

If you have held off on buying a home in the hopes that prices will drop, you might consider searching for your next home now. Realtors remind us that there can be benefits to buying a home in the winter. No one loves sloshing through ice and snow, sleet and slush to check out houses…

Mortgage Rates are Creeping Higher

Home sales are reportedly strong; political headlines indicate an uncertain future. The result? Interest rates are rising. The shift in the bond market was swift. That kind of change is usually based on weak economic data or politics clearly implicating economic negativity. Turnarounds based on less concrete indicators may mean traders are willing to drive…

Millennials Are Changing First Time Home Buying

The face of majority home buyers in 2019 is millennial. Their home buying approach is different than previous generations. Tech and connectivity influences Millennial homebuying decisions. According to a report by the National Association of Realtors, or NAR, millennial home buyers are looking for smart home devices, starting with locks, lights, thermostats and more. The…