If you froze your credit after the Equifax data breach, it's important to lift the freeze prior to applying for a mortgage. This will save time in processing your application. Learn how here.
Save on everything from furniture to appliances, home décor, tools and more! Contact your Mortgage Consultant at Centennial Lending Group to learn more about how you can save on the things you need most to make your house a dream home!
This “Seller Guide” simplifies and effectively explains the current market opportunities for a seller in today’s market. We would love to talk with you more about what you read here, and help you on the path to selling a home. We look forward to hearing from you. Need a listing agent? We can help with that. FSBO, to be or not to be, we can help with that.
CLG is proud to announce that we now offer HomeReady™ mortgage by Fannie Mae. HomeReady mortgage is an affordable option designed for responsible homebuyers with limited downpayment funds. Contact CLG to see if HomeReady mortgage is right for you!
The National Association of Realtors (NAR) just released their latest Existing Home Sales Report on Friday. Sales of existing homes rose by the largest increase ever recorded as they rebounded 14.7% over November’s numbers and now stand at 7.7% higher than a year ago.
While this is great news for the housing market, let’s take a look at one of the main reasons why there was such a large increase in sales. Read more
The National Association of REALTORS’ (NAR) Chief Economist, Lawrence Yun recently commented on the inventory shortage:
“While feedback from REALTORS® continues to suggest healthy levels of buyer interest, available listings that are move-in ready and in affordable price ranges remain hard to come by for many would-be buyers.”
The latest Existing Home Sales Report shows...read more
Last week, an article in the Washington Post discussed a new ‘threat’ homebuyers will soon be facing: higher mortgage rates. The article revealed:
“The Mortgage Bankers Association expects that rates on 30-year loans could reach 4.8 percent by the end of next year, topping 5 percent in 2017. Rates haven’t been that high since the recession.”
How can this impact the housing market? read more
It's that time of year; the seasons are changing and with them bring thoughts of the upcoming holidays, family get-togethers, and planning for a new year. Those who are on the fence about whether now is the right time to buy don't have to look much farther to find four great reasons to consider buying a home now, instead of waiting: 1. Prices Will Continue to Rise …read more
In today's market, with homes selling quickly and prices rising some homeowners might consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons this might not be a good idea for the vast majority of sellers.
There has been a lot of talk about how difficult it is to get a home mortgage in today’s lending environment. However, three recent reports have revealed that lending standards are beginning to ease. This is great news for both first time buyers and current homeowners looking to move or buy a second vacation/retirement home. Take a look at the three reports.
A recently released Homeowner Sentiment Survey suggests that the American homeowner may not be fully aware of the opportunities that exist in the current real estate market. The survey... also reports that many homeowners would be placing their home up for sale if they were better informed about today’s market. Learn more about current real estate options and opportunities.
The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That is why it is important to look at where rates are headed when deciding to buy now or wait until next year.
Dreaming of a Vacation home? You're not alone – vacation home sales surged in 2014. If you decide to take the plunge, don't forget to take us with you! CLG is licensed in CA, DE, FL, MD, NJ, NC, PA & VA, we'd love to help make that dream come true!.
There are many benefits to homeownership, one of top ones, is being able to protect yourself from rising rents and lock in your housing cost for the life of your mortgage.
The National Association of Realtors (NAR) just released their findings of a study in which they studied “income growth, housing costs and changes in the share of renter and owner-occupied households over the past five years in metropolitan statistical areas throughout the US.”
Don’t Become Trapped
The study revealed that over the last five years, a typical rent rose 15%, ...read more.
Many sellers feel that the spring is the best time to place their home on the market as buyer demand traditionally increases at that time of year. However, the next six weeks before spring hits also have their own advantages.
Here are five reasons to sell now.
1. Demand is Strong... see more.
Learn how to make 10 percent more money when selling your home
This is a great time to be selling a house—or buying one. With housing prices at recent highs (in some neighborhoods they’re exceeding pre-2008 valuations), it’s no wonder about 5.3 million homes are expected to change hands in 2015, up about 30 percent from the bottom of the crash, according to the National Association of Realtors. Click here to read more.
SMART GOALS 2015 - 4 Reasons to Buy Before Spring and Stop Paying Rent!
The holiday season is behind us, time to focus on what exciting new experiences 2015 can bring! If you are planning on becoming a homeowner, or moving up to the home of your dreams in 2015, here are four great reasons to consider buying a home now, instead of waiting until spring.
1. Prices Will Continue to Rise click here to read more.
New York Times: Homeownership is Best Way To Build Wealth
The housing market has made a strong recovery, not only in sales and prices, but also in the confidence of consumers and experts as an investment.
The article explains:
“Homeownership long has been central to Americans’ ability to amass wealth; even with the substantial decline in wealth after the housing bust, the net worth of homeowners over time has significantly outpaced that of renters, who tend as a group to accumulate little if any wealth.”
Read more here: http://goo.gl/yRm7Eu
Breaking News: Fannie and Freddie formally announce 3% Down Programs
This is great news to millions of purchasers that have been denied the opportunity to own their own home because of the almost impossible burden of saving for a 20% down payment.
Where Are Prices Headed Over the Next 5 Years?
If you are considering buying or selling, you may find this information helpful. When you are ready to get started, contact CLG!
"While lower down payments may help pave a quicker path to homeownership for some prospective homebuyers, a bigger obstacle to homeownership is the additional non-mortgage debt many borrowers bring to the table…" Read more here: http://rismedia.com/?p=92962
Gaining access to one’s own credit report and credit score prior to loan approval with no strings attached could be helpful, and at all times beneficial. With little effort, inaccuracy of information can be instantly corrected at the credit bureau level, and with a few simple steps, credit scores could be enhanced. Read more – http://goo.gl/iDydzI