In light of the COVID-19 outbreak, many home and property owners may struggle to cover costs, including mortgage payments, during these unprecedented times. Here at LoanFIT, we’re doing everything we can to bring you information and resources to help us through this period. The National Association of REALTORS® has put together a comprehensive list of […]
read moreInterest rates for a 30-year fixed rate mortgage have been on the decline since November, now reaching lows last seen in January 2018. According to Freddie Mac’s latest Primary Mortgage Market Survey, rates came in at 4.12% last week! This is great news for anyone who is planning on buying a home this spring! Freddie Mac had this to say, “Mortgage […]
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There are some people who haven’t purchased homes because they are uncomfortable taking on the obligation of a mortgage. However, everyone should realize that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur Magazine, a premier source for small business, explained in their […]
read moreAccording to a recent report by ATTOM Data Solutions, home sellers who sold their homes in the third quarter of 2018 benefited from rising home prices and netted an average of $61,232. This is the highest average price gain since the second quarter of 2007 and represents a 32% return on the original purchase prices. After the Great […]
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According to the latest Existing Home Sales Report from the National Association of Realtors (NAR), the inventory of homes for sale this year compared to last year has increased for the last four months, all while sales of existing homes have slowed compared to last year’s numbers. The housing market in Northern Colorado is following a similar trend. For […]
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A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainties about the buying process. A specific cause for concern tends to be mortgage qualification. If you’re ready to buy a home, you don’t have to worry! For many, the mortgage process can be scary, but it doesn’t […]
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