Gary Pierpont Blog

Rates to Hit 40-Year Low?

September 21, 2016 by garypierpontblog

In a report released today, Freddie Mac predicted that this year will be the best year since 2006 for home sales. They also predict that rates for 30-year fixed rate mortgages will drop to a 40-year low. More, here.

 

Dollar House (2)

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The Risks of Giving a Real Estate Agent Too Much Information

September 19, 2016 by garypierpontblog

Most people don’t exercise caution when communicating with a real estate agent, but—for instance— an agent representing a seller may use information gleaned from a buyer to help facilitate the sale. More, here.

 

10105910 - ethnic businesswoman asking for silence

10105910 – ethnic businesswoman asking for silence

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Information About Cosigning on a Mortgage

September 17, 2016 by garypierpontblog

Michael Burge, writing for Nerdwallet, has an article this week about things to keep in mind when cosigning on a mortgage. More, here.

 

Hands_Contract

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Questions to Consider When Choosing a Mortgage Broker

September 15, 2016 by garypierpontblog

NerdWallet addresses the importance of due diligence when choosing a mortgage broker. Here are 4 questions to ask before making a final decision.

 

House_Magnifying-Glass

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What Happens in Real Estate After Labor Day

September 14, 2016 by garypierpontblog

Some changes tend to occur in real estate in the fall. Forbes has a piece today on 4 changes to expect over the coming months. More, here.

 

Autumn

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Mortgage Rates at 2-Month High

September 13, 2016 by garypierpontblog

A sell-off in the U.S. bond market caused rates to rise to their highest point in 2 months. Rates still remain historically low. More, here.

 

Percentage-Up

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Money-Saving Tips for a Real Estate Down Payment

September 10, 2016 by garypierpontblog

Brandon Turner, writing for Forbes, shares valuable advice from 20 financial experts on saving for a real estate down payment. More, here.

 

Coin_House_Bank

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Rates Still Low, Refinances Up Slightly

September 9, 2016 by garypierpontblog

64% of mortgage applications last week were from homeowners planning to refinance. Rates stay at a record-low. More, here.

 

Percentage (2)

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New Study Says Single Women Paying Too Much For Mortgages

September 8, 2016 by garypierpontblog

Kenneth Harney, with The Chicago Tribune, examines new findings from researchers at the Housing Finance Policy Center of the Urban Institute. In short, single women are paying more for mortgages. More, here.

 

House_Woman

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6 Things That Are Hurting Your Chances for Pre-Approval

September 6, 2016 by garypierpontblog

The Huffington Post has a list today of 6 things you could be doing that may harm your chances of mortgage pre-approval. More, here.

 

Pre-Approved

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