reason

The reason for having the Federal Reserve is to provide a mechanism to control the amount of money available in the economic system. Too much money in the system results in inflation. Too little money results in recession. If you imagine the economic system as one side of a seesaw, the Fed functions as the counterbalance on one side.

You are in the market for a home – congratulations! You have many decisions ahead of you, though. Your first decision should be whether to buy a ‘for sale by owner’ home or a newly constructed home. A newly constructed home may be something you always dreamt of, but don’t discount the benefits of a FSBO. Looking for Current Mortgage Interest Rates? Click Here. Here are the top 5 reasons you may want to...

Have you ever thought of refinancing your home equity loan? It’s not a common practice, but it can definitely have some benefits. Because your home equity loan might change over time, you may want to reevaluate your situation to see if you should consider refinancing your home equity loan. Looking for Current Mortgage Interest Rates? Click Here. Keep reading to learn the top reasons you may want to think abou...

Getting a 203K loan is a lengthier process than any other loan, but the work is worth it in the end. Because you are receiving money to make renovations to the home, the lender needs to know exactly what the home needs as well as what you wish to do to it. You cannot just say you want to make changes and get extra money – each change needs to be documented with what needs to be done, how much it will cost, ...

Many people need a mortgage if they want to buy a home. Unfortunately, mortgages are not a one-size-fits-all approach. Some borrowers need specific features in order to qualify. However, some of those features may be considered ‘risky.’ Are they too risky for you? Get Matched with a Lender, Click Here. Keep reading to learn which mortgages we think you should avoid moving forward. EXTENDED TERM MORTGAGES HA...

You have many factors to consider when you are in the market to buy a home. Did you know one of the top things should be a CLUE Report? If you are unfamiliar with this report, it’s time to learn about it. This report could save you time, money, and a lot of headaches. WHAT IS THE CLUE REPORT? CLUE Report stands for the Comprehensive Loss Underwriting Exchange. This is a database of claims homeowners have made...