Gary Pierpont Blog

Mortgage Rates Remain Largely Unchanged, Hover Near Historic Lows

October 10, 2016 by garypierpontblog

Sean Becketti, chief economist at Freddie Mac, said “The 10-year Treasury yield leaped to a two-week high following reports of the European Central Bank retreating from its bond-buying program ahead of its initial March deadline…Over the past two weeks, mortgage rates have remained fairly flat while Treasury yields have fallen and risen.” More, here.

 

Mortgage Calculator (2)

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Simplifying the Mortgage Approval Process

October 7, 2016 by garypierpontblog

Scott Sheldon shares a valuable tip on patch.com to help getting approved for a loan a bit easier. More, here.

 

Mortgage-Application-Approved

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Tips for Selling Real Estate to your Children

October 6, 2016 by garypierpontblog

Ilyce Glink and Samuel J. Tamkin respond to a question on washingtonpost.com about selling real estate to one’s child. Their advice is measured and worth reading if you’re considering making a similar transaction in the future. More, here.

 

Senior_Daughter (2)

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Tips for Taking Real Estate Listing Photos with your Phone

October 5, 2016 by garypierpontblog

If hiring a professional photographer isn’t in your budget, these tips will help you achieve better results when taking pictures with your phone. More, here.

 

53939454 - man taking a picture using a smart phone. isolated on white

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The Complexities Of Your Credit Score

October 4, 2016 by garypierpontblog

Nick Clements, writing for Forbes, examines the complex credit-scoring system the mortgage companies use when qualifying you for a mortgage. More, here.

 

Credit Score

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Cash Now, Mortgage Later?

September 29, 2016 by garypierpontblog

Making a cash purchase for a house, then securing a mortgage later is the focus of a new article on Forbes. Read more, here.

 

House_Calculator

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When You Should Not Refinance Your Mortgage

September 28, 2016 by garypierpontblog

Money magazine offers some sound advice on reasons when you should not refinance. More, here.

 

34463361 - dos and donts button style

34463361 – dos and donts button style

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Top Cities for Mortgage Stress

September 27, 2016 by garypierpontblog

Vanessa McGrady at Forbes has a piece identifying cities with a high rate of “mortgage stress”(when a mortgage payment is higher than 28% of income). San Francisco was at the #1 slot, with Detroit coming in at the bottom. See the entire list along with the other survey results, here.

 

Stress

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Why You Still Need a Real Estate Pro

September 24, 2016 by garypierpontblog

Scott Loney And Alicia Worley have a piece in The Daily Republic reiterating the importance of working with a real estate professional. More, here.

 

11947238 - real estate agent and young couple reading a paper

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The Fed and its Relation to the Housing Market

September 22, 2016 by garypierpontblog

Diana Olick, has a piece on CNBC explaining how the Fed’s decision to raise rates may (or may not) affect the housing market, mortgage rates, etc… More, here

 

Federal Reserve Building

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