HomeLoans Blog

Prospective homebuyers are finding more and more that credit is preventing them from obtaining loan approval. As I work with buyers, more and more, I find that they have paid for credit repair without success. In some cases the efforts at credit repair have actually done more harm.

There are different levels of credit restoration, but they all should be done with an understanding of the goal.

Consumers must understand what credit repair can and cannot accomplish. Simply paying collections will most likely not result in a credit score improvement.

Further, for many consumers, improving the credit score should not be the only focus.

Credit is becoming more and more important. The right advice is critical.  We help numerous clients weekly qualify for home loan approval. Our approach is ethical, effective, and thoroughly explained. Call to set an appointment to review your credit.

Interest rates have finally made a strong move back down. Today there were three separate rate reprices to the better. It has taken some time, but maybe we can expect that rates will be more inline with the fundamentals of the economy.

Over the last several weeks, investors had kept funds out of the bond market because of a general uncertainty about any investment that has an element of risk.

Perhaps now we can expect rate movement to be governed by more normal concerns associated with economic reporting.

Upcoming we look to Friday's report on employment. My hope is to be able to return to blog posts about other mortgage matters and let rate fluctuations move in line with normal market ups and downs.