If you are in the planning or shopping stage of the buying process you will want to read the latest article in our home mortgage section - the impact your credit score has on your mortgage payment. Knowing your credit score and how it will impact the interest rate of your home loan are bits of imformation that should be understood before you shop for a home or even talk to a real estate agent. To understand the impact of your credit score on a home loan and mortgage payment read the full article now.

Read the rest of this entry »

If you look at it, refinancing is a new loan to pay for the old home loan and other loans. In the case of a home loan, refinancing offers the opportunity to switch to a lower interest rate; with your other loans, you get the advantage of bunching all your debts into one big loan to be paid with your refinance money.

Refinancing

Refinancing is simply swapping an old loan with a better loan using the same collateral as security. Refinancing is also another word for cash out (taking out the small increase in your mortgage amount in cash) or loan restructuring. Money wise, refinancing is a tool to help people get their finances in order, acquire assets, or reduce their loan term or loan amount because of lower interest rates.

Continue reading The Basics of Refinancing a Mortgage in our home mortgage section.

Whether you are moving across town or to another state, moving a household can be an experience full of frustration, irritation, and confusion. Trying to remember all of the things that need to be accomplished before, during, and after your move can be daunting and chances are that in the heat of the moment, some items that need to be accomplished will be forgotten. That is why it is a good idea to use a checklist for a successful move — and use it during the moving process. Here is a checklist can really help you stay organized and get things done!

Read Moving Checklist - Tips for a Succesful Move

An article in today’s New York Times reports New U.S. Home Sales Rise Sharply as Prices Fall. New home sales have now risen for three consecutive months and the 11 percent increase in June is much higher then had been predicted. The article points out the the recent uptick is a reversal of a three year trend in prices and sales.

Read the complete joint press release from HUD and the US Census Bureau NEW RESIDENTIAL SALES IN JUNE 2009

Do you think the new homes market has hit bottom and will continue to recover? Tell us what you think.

Do you clip food coupons from your Sunday newspaper? Or do you take advantage of sales at your favorite department store? Then you will certainly appreciate BIG savings on the purchase of a new home!

Imagine clipping a coupon for a free swimming pool package; or $500 towards options; or a free washer or dryer. These and many more buying incentives are available online – and now you can easily find them on one web site.

When you visit HomePromotions.com you’ll find tons of great opportunities to save on a new home in your area. There are even special savings offers on homes that have just been built and are ready for immediate occupancy.

More and more builders are placing their Internet buying incentives on homepromotions.com. Why? Homes sold as a result of Internet advertising (which costs much, much less than newspaper advertising) represent much more profitable sales for the builder. So it makes sense for builders to offer incentives to Internet home buyers. It’s a good deal for them and a great deal for you!

Just visit HomePromotions.com and print out any of the coupons. Make sure to present the coupon on your first visit to the community. The builders will not accept them after the first visit since the coupons are intended to reward you for visiting the community as a result of finding them on the Internet.

Happy home hunting and enjoy your savings!