Blog

Summer 2016 Real Estate Wrap-Up

Posted by Home Point Financial on Sep 28, 2016

So far, this year in real estate has been extremely positive. This summer proved to continue this trend, with home sales increasing 5% compared to just last year! If this trend continues, it is believed that 2016 may be the best year for real estate that the U.S. has experienced in over a decade....

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How-To Estimate Your Monthly Mortgage Payment

Posted by Home Point Financial on Sep 26, 2016

Buying your first home is one of the most exciting – and stressful – life events that someone can go through. After you finally find the perfect home at a price point you have been pre-approved for, it is time to get a mortgage locked down....

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Fall Home Décor Tips

Posted by Home Point Financial on Sep 22, 2016

As the air gets a little cooler and the vacation days come to an end, it is time to get your home feeling cozy and festive. Without going into a shopping frenzy, there a few key items you can add to your home to give it the beautiful splash of Autumn we all know and love....

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4 Signs it is Time to Buy

Posted by Home Point Financial on Sep 1, 2016

Many first-time home buyers remain unsure as to when it’s the best time to buy a home. With so many different factors to consider, many remain intimidated from taking the next steps toward home ownership....

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End-of-Summer Home Maintenance Tips

Posted by Home Point Financial on Aug 30, 2016

As the summer comes to an end, it is important to make sure your home is in tip-top shape for the next season. By conducting different home maintenance projects seasonally, you can preserve the integrity of your home for years to come....

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Renters: Paying More for Less Space

Posted by Home Point Financial on Aug 26, 2016

It is no secret that rent is on the rise. The average national rent is $1,296, and in big cities like NYC, renters are looking at $3,262 per month on average. To put that in perspective, rent was about $977 per month on average in 2011. With rent rising quickly, one might assume that renters are getting more amenities and space… not so fast....

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Brexit's Impact on U.S. Housing Market

Posted by Home Point Financial on Aug 24, 2016

On June 23rd, 2016, Great Britain voted to exit the European Union. This exit left many to wonder what’s next in both Great Britain and abroad. The formal “Brexit” won’t be final for years, however governments and investors everywhere are beginning to prepare. Here is what you should know about Brexit’s impact on the U.S. housing market....

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Why Rent is Becoming Unaffordable in Most US Cities

Posted by Home Point Financial on Aug 11, 2016

A study released from the State of the Nation's Housing Report from the Joint Center for Housing Studies of Harvard University found that a whopping 11 million Americans are spending more than half of their income on rent....

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Summer Househunting Tips

Posted by Home Point Financial on Aug 9, 2016

Whether you are looking to finally start building your own equity, or are looking to upgrade from your current home, the summer is a great time to get out and see what is on the market. Take these tips into consideration before you get started on your journey to homeownership this summer....

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Pros and Cons of a Second Mortgage

Posted by Home Point Financial on Aug 4, 2016

A second mortgage is simply a loan taken out after a first mortgage. It involves relatively the same application process as the first mortgage. Many people choose to take out a second mortgage when looking to consolidate debts, finance a home improvement project, or to make ends meet during a financial hardship. It is important to weigh the pros and the cons of a second mortgage before deciding what is right for your specific circumstance....

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Do's and Don'ts to Pre-Closing Actions

Posted by Home Point Financial on Aug 2, 2016

After getting pre-approved and settling on a home you are in love with, things start to speed up pretty fast. Once you and the seller have agreed on the terms of a contract, there are several pre-closing actions that need to be tended to....

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Veterans: Know Your Mortgage Options

Posted by Home Point Financial on Jul 7, 2016

The men and women who sacrifice their lives for this country deserve to fulfill their dream of homeownership. It’s important veterans understand the special financing options and benefits available to them before starting the home buying process....

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Summer Home Improvement Projects

Posted by Home Point Financial on Jul 1, 2016

As the weather gets warmer, more of us get inspired to start catching up on home improvement projects we ignored during the winter. This is the perfect time to get some of those weather-permitting projects complete. Here are some of the popular summer home renovations we recommend embarking on this summer....

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Home Prices Climb 5.7% in 1st Quarter

Posted by Home Point Financial on Jun 30, 2016

Compared to the first quarter of last year, home prices in the United States have risen 5.7%. This marks the 19th consecutive gain. You may be wondering, what is causing the rise of home prices?...

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What is Included in a Mortgage Payment?

Posted by Home Point Financial on Jun 29, 2016

Image via Youtube Whether you are preparing to buy your first home or have been paying your mortgage for...

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