Inside Real Estate

Five Tips to Avoid Closing Delays

Five Tips to Avoid Closing Delays

In real estate, the ‘closing’ is the final step in the home buying and financing process. It generally involves legal forms (and often representatives) from the title insurance and escrow companies, your mortgage lender, your real estate agent, the seller...
Don’t Make These Mortgage Calculation Mistakes

Don’t Make These Mortgage Calculation Mistakes

If you’re like most Americans who want to buy a home, you’re going to need a mortgage. In fact, according to CoreLogic, a real estate data company, homebuyers making cash purchases accounted for a mere 34 percent of total transactions in 2015—the...
Should You Recast Your Mortgage?

Should You Recast Your Mortgage?

Recasting—also known as re-amortizing—is a little-used option homeowners have for reducing their monthly mortgage payments. Unlike a refinance, the loan term and interest remains unchanged by the recast. However, when they’re applied to the newly...
Three Biggest Homebuying Trends for 2016

Three Biggest Homebuying Trends for 2016

According to Freddie Mac’s chief economist, mortgage interest rates should remain at historically low levels in 2016 regardless of the Federal Reserve’s decision to raise the federal funds rate (for the first time since 2006) late last year. What does that...
When Buying a New Home, It Pays to Play by The Rules

When Buying a New Home, It Pays to Play by The Rules

Life is full of guidelines, although some activities require more regulations than others do. For example, the official rulebook of the National Football League is over 100 pages long. The certified version of the Affordable Care Act has more than 900 pages. In...

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