Wednesday is quickly approaching, and it’s the day that we’ve been waiting for since late May. Ever since the word leaked that the Federal Reserve might begin reducing it’s monthly $85 billion bond market purchases, September 18 was considered to be the day that announcement would most likely happen.
Due to service, military personnel are often removed from what is considered traditional circumstances. Whether its being deployed overseas or stationed on a military base stateside, our military end up with limited opportunities to build tradition credit histories and live in traditional financial situations.
If you listen to the news and politics, there is a lot of controversy and political agendas surrounding 9/11. Especially when you look at the 2001 and 2012 attacks together.
Over the last five years or so, there were an increased number of short sales because of negative economic situations for millions of people. For many people, these foreclosures and short sales have ruined their credit and made it extremely difficult to get back into a home.
In the mortgage industry there are many acronyms, and they make it difficult and intimidating for Veterans to get loans. So we’ve put a list of terms on our website that are commonly used in a VA loan transaction. But before we direct you there, we’d like to explain one term in more detail.
There are several reasons you should use your VA benefit to buy a home. Veterans and military families all over the country are taking advantage of the huge savings that a VA loan brings, and we want to tell you why.
You know you’re a reliable and honest person, but the lender knows other people aren’t always like you. As a result, lenders have several standards to help measure your ability to repay the money you borrow.
Interest rates for home loans have been going crazy, especially this last week. The main driver behind the interest rate spike is the looming pullback that no one seems to know when exactly will happen.