New Mortgage Lending Rules Will Likely Delay Home Closings

Forget the days of 30 day home closings.  New federal regulations taking effect this summer will provide a better home buying experience for consumers, but will likely slow down the closing process for Realtors, mortgage lenders and title companies, according to Mike McFarland, outgoing president of the Houston Mortgage Bankers Association and a senior loan […]

8 Ways First-Time Homebuyers Can Prepare for a Mortgage

When it comes to buying your first home, a lack of knowledge and experience can lead to costly mistakes.  One in four first-time homebuyers say they are completely unfamiliar with the mortgage financing process  Even amount those with an understanding of the overall process, many first-time homebuyers still had significant knowledge gaps in important areas […]

Good Credit Is Just As Important After Your Home Purchase

Everybody knows how important it is to have great credit when you’re buying a house.  But keeping your credit good after you’ve purchased is just as critical.  Letting your score take a hit after you close escrow can negatively impact you in a few important ways. Credit Cards It’s easier than you thing to get […]

7 Ways You’re Accidentally Improving Your Credit

There’s little doubt that Americans with higher credit scores get better deals on core consumer items like mortgages, auto loans and credit cards.  In many cases, you might be getting those “good credit” benefits without even knowing it.  In the credit management game, experts call that “accidental improvement” of your credit-and yes, there’s nothing wrong […]

Is It Cheaper to Rent an Apartment or Buy Home in Houston?

It’s more affordable to buy  home than it is to rent an apartment in most U.S. cities, including Houston, according to Zillow Inc. The national online Real Estate company released it s affordability report, which analyzed median household incomes, home values and rent prices in 35 cities.  Zillow found that in Houston, a household making […]

Questions & Answers: How long will the Real Estate upswing last?

Houston’s housing market never experienced serious declines during the downturn, but the upswing has been fierce.  Single-family home sales have risen for 34 straight months, and prices have been climbing for two years, as a growing economy continues to fuel home buying in many parts of town. Even as a historically low inventory has made […]

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