Jill's Real Estate Blog

Blog information courtesy of HouseLogic.

4 Tips to Determine How Much Mortgage You Can Afford

By: G. M. Filisko

Published: August 20, 2014

By knowing how much mortgage you can handle, you can ensure that homeownership will fit in your budget.

 

Homeownership should make you feel safe and secure, and that includes financially. Be sure you can afford your home by calculating how much of a mortgage you can safely fit into your budget.

Why not just take out the biggest mortgage a lender say...

Blog information courtesy of Nerdwallet. Mortgage Rates Thursday, March 16: Major Drop on Heels of Fed Hike DEBORAH KEARNSMarch 16, 2017 Mortgage Rates, Mortgages   You can trust that we maintain strict editorial integrity in our writing and assessments; however, we receive compensation when you click on links to products from our partners and get approved. Here's how we make money. A day after the Fed raised short-term interest rates by a quarter of a percentage point, mortgage r...

Attention First-Time Buyers: Here's the Key Stuff You Don't Know About Mortgages By Jonathan Smoke | Feb 9, 2017  

When it comes to mortgages, there’s a big gap between what people think they need in order to get one and the reality of what buyers are successfully doing—especially young people.

I know, I know, I’ve written on down payments before (like last month, when I highlighted that putting 20% down isn’t the norm).

But you know wh...

 Post information courtesy of PrimeLending.

Home loans fall through for all kinds of reasons, especially when home buyers don’t realize how their spending and saving habits affect the loans they qualify for. Here are some tips to be aware of in the house hunting process that can help prevent failed loans.

1. Don’t make large purchases or acquire additional credit lines

If your clients buy new cars, furniture or home appliances, open new lines of credit or make any othe...