The housing slowdown may have been accompanied by an inability for potential homeowners to obtain mortgages, but the latest Fannie Mae National Housing Survey shows movement on the mortgage consumption-front. For the month of November, 51% of survey respondents said it would now be easier to obtain a mortgage. This larger vote of confidence suggests …
Author: bmadmin
Opt-Out of Receiving PreApproved Credit Card Offers
Are you tired of having your mailbox stuffed full of unsolicited mail, including preapproved credit card offers or personal loan applications? Are you fed up with telemarketing calls just as you’re about to sit down to dinner? There is help out there! By visiting one website you can stop all that junk for 5 years. …
Mortgage Lenders See Tighter Credit Under New U.S. Rules
Mortgage bankers and Realtors are warning that it could become even harder for borrowers to qualify for a home loan early next year as the industry faces a barrage of new rules. Regulators are preparing to release the language of two rules taking effect in January to set standards for non-abusive lending and require banks …
15 Year Old Buys Her 2nd Investment Property in Florida
Willow Tufano is a 15 year old girl that has just purchased her second investment home in Port Charlotte, FL. She found this steal on the MLS for $17,500 and began renovations on Monday. Where does Tufano get the money to buy houses? She finds free items, fixes them up, and sells them on Craigslist. …
Creating a Budget For Family Vacations
When you want to plan a vacation with your family, there are many things to consider. While you still need take care of your day-to-day living expenses, you also need to think of ways to put a little money aside every month for your trip. This can be challenging, especially if you do not have …
How to Prepare Your Home For Sale During The Holidays
I’m all for decorating during the holidays. In fact, I have boxes and boxes in my attic of Halloween and Christmas decorations. However, should I put my home on the market during the holidays, I’d use about a fraction of what I have. There’s a reason behind it. When I decorate, I “add” to what’s …
Benchmark & Boot Campaign Give Military Veteran a Mortgage-Free House
Last night, Benchmark partnered with Boot Campaign and Military Warriors Support Foundation to give away one mortgage-free home to an injured veteran of the Afghanistan war during the Rock of Ages Military Appreciation Night. Over 150 military veterans, retirees, active duty, and special guests were treated to a night at the Rock of Ages musical …
Is Now the “Perfect Storm” for Home Buyers?
Barry Habib with Mortgage Market Guide was a guest on the CNBC show Squawk Box yesterday and shared some great insight on why now is the “perfect storm” for homebuyers. He points to three big reasons all renters should jump into homeownership: 1. Rent rates are increasing in some markets. It is becoming increasingly more …
4 Tips To Go Camping With Your Family On A Shoestring Budget
Camping vacations have been a popular choice for families for many years. Family budgets are often tight, so camping is sometimes the only affordable means to get away on vacation for a reasonable amount of money. However, it is still not free. If you have a limited vacation budget, but you would still like to …
Don’t Miss This “I Wish I Had” Moment
When I was a kid every once and a while I would hear a grown up say “I wish I had….” It might have been buy that Microsoft stock when my friend told me about it or that piece of land that looked like a dump and was dirt cheap but now has a booming …