by Mark Chaffee | May 10, 2022 | Mortgage Tips
Everyone deserves the opportunity to achieve the American dream of homeownership, and few are more deserving than America’s military veterans and service members. For that reason, the U.S. government created the VA home loan program to help eligible military-connected...
by Mark Chaffee | Apr 27, 2022 | Homebuying, Mortgage Tips
Before you can get a mortgage to buy a home, your lender’s appraiser typically must agree that the home is worth at least as much as the sales price. If the home appraisal value comes up short, a situation called an appraisal gap is created, and you won’t be able to...
by Mark Chaffee | Mar 15, 2022 | Mortgage Tips
Mortgage rates are still near historic lows, but they’ve been trending upward recently. If you’re looking for a better deal on your home financing – whether to buy a new home or to refinance a current one – an adjustable-rate mortgage (ARM) may be one solution. Here’s...
by Mark Chaffee | Feb 17, 2022 | Homebuying, Mortgage Tips, Real Estate
If you’re thinking about buying a home, should you buy sooner or later? Home prices are predicted to rise by 11% in 2022, and mortgage rates are expected to increase to 4%. That means if you wait to buy, it could cost you a lot more. Here’s an example of just how much...
by Mark Chaffee | Jan 18, 2022 | Mortgage Tips
As a homeowner, it’s important to stay on top of your finances. This includes periodically checking to ensure that your current mortgage is still the right fit for you. If your goals or situation have changed or if better mortgage options have become available, it may...
by Mark Chaffee | Dec 28, 2021 | Mortgage Tips
Renovating a home can be a worthwhile investment that improves the function, enjoyment and value of the property. Whether you want more space, new amenities or updated finishes, a renovation can deliver it. While a home improvement project may come with a big price...
