NC Home Advantage Mortgage

Buying a Home? NCHFA Can Help! The North Carolina Housing Finance Agency, has assisted thousands of North Carolinians in purchasing homes. They offer an array of financing options to make buying a new home affordable.   NC Home Advantage Mortgage Our products include the NC Home Advantage Mortgage, which offers down payment assistance up to 5% of

$15000 Down Payment Assistance Available to 1st Homebuyers Guilford County

$15,000 Down Payment Help Available to First-Time Home Buyers in Guilford County NC Special down payment assistance of $15,000 is available to first-time home buyers and military veterans in five North Carolina counties under a limited-time program offered by the North Carolina Housing Finance Agency using funds from the U.S. Department of the Treasury’s Hardest Hit

Private Mortgage Insurance

IF YOU are in the process of purchasing a home, you might have heard of private mortgage insurance (PMI) and wondered, ‘Does this apply to me?’ The purpose of PMI is to reimburse the lender if you default on your home loan. The catch is that the borrower pays the premium for the coverage. It

Three Key Areas to Mortgage Financing

Below are the three key areas to ensure you get the right mortgage financing in a timely manner.The 2008 economic depression was triggered in part by the real estate bubble bursting.  Mortgages became extremely easy to obtain, and many of those mortgages had predatory provisions that made it difficult for borrowers to pay off the

US Economy; Amazing

Putting US Economy’s ridiculously large $18T GDP into perspective by comparing US state GDPs to entire countries Adjusted for the size of the workforce, there might not be any country in the world that produces as much output per worker as the US, thanks to the world-class productivity of the American workforce The information below  helps remind

Federal Reserve; Interest Rates

Federal Reserve Optimistic About Economy; Cautious on Interest Rates No June Rate Increase? Federal Reserve chairman Janet Yellen painted an optimistic picture of the health of the US economy on Monday, but she noted worries about slowing job creation, suggesting that interest rates would not rise until the labor market shows more signs of life.

8 Mortgage Mistakes

Mortgages “Correctly Done Can Save You Money” It’s an exciting time when you set out to buy a new home. Don’t assume you know all you need to know about mortgages, though, because here are many mortgage misunderstandings that could cost you a lot. Here are eight misconceptions to set straight now. 1. Ignoring your

Home Staging Tips

Three Handy Home Staging Tips That Will Help You Display Your Home in the Best Light Your home may be one of your largest assets, and you certainly want to take steps to get the highest price possible for it when you list it on the market to sell. In addition, you may have plans

Mortgages Easier to Get

Mortgages Easier to Get After the housing crisis, mortgage lending standards became unreasonably tight for many.  The average FICO credit score on a 30-year loan to buy a home has dropped from a high of 765 in 2010 to a recent 755, the real estate data firm CoreLogic reports. Borrowers with the average score of 695 might