I mentioned in this morning’s post that interest rates are low.   Google has a Mortgage Comparison search engine which is interesting, if not somewhat misleading.  Note that the image does not mention ads but the url is: https://www.google.com/comparisonads/mortgages. I’ve found it listed as both a sponsored link and a separated result between the sponsored and… Continue reading Google Mortgage Comparison

The following eight are things that you need to consider before listing your home for sale if you are delinquent on your mortgage payment.  The list is from a Prudential Northwest Properties’  disclosure.  There are some serious ramifications to some of the options which is why “you may need the assistance of an attorney” shows… Continue reading Some Options If You Are Delinquent On Mortgage Payments

Interesting story in Consumer Reports about whether $100 a month was better invested into prepaying your mortgage or investing an S&P 500 mutual fund. The results showed that over the long haul, the S&P (about a 10% annualized gain) was better and that when the stock market outperformed it did so with higher returns than… Continue reading If I Have $100 Should I Prepay My Mortgage?

I wasn’t a Realtor when interest rates were in double digits and we’re a long way from that now but rates do matter.  In January of 2010 a 30 year mortgage was quoted at 4.75% for a qualified buyer.  In November, it was 4.25% and today is back to 4.75% (note that these are base… Continue reading Mortgage Interest Rates Tick Up

We work with some great lenders.  Every lender out there offers the standard 20% down, good credit, conventional loan but each lender also has unique or favorite products that they can offer.  I asked our lenders what loan products they like best.  ***Disclaimer: every loan is unique and not everybody will  qualify for a given… Continue reading Lenders Share Their Favorite Offerings

The benefits of homeownership are undeniable, some even consider it to be the “American Dream”. Buying your first home can provide financial and emotional security, a sense of belonging, and an opportunity to build equity. Here at the Turner Team, we want to see you succeed financially and one way to do so is making… Continue reading The Benefits of Homeownership