Mortgage News, Tips and Resources

There are benefits to owning a multi-family property, but that doesn't mean it's for everyone. Remember, additional income, but more responsibility.

When you refinance your mortgage, you are essentially paying off your current mortgage loan with an entirely new one.

When applying for a mortgage pre-approval, avoid making mistakes - like falling behind on your bills - that could jeopardize your chances of qualifying.

A new report by the New York State Association of Realtors reveals that home sales increased in April 2016 comparted to the year before.

Moving can be overwhelming. Fortunately, apps are available that can help you get through the process, such as Any.do and Moving Van.

Buying your first home on Long Island can be overwhelmingly. Look out for red flags, like watermarks and insects, as you house hunt to narrow down your search.

Using a realtor as you search for a home on Long Island will result in a more efficient buying and selling process, with less weight on your shoulders.

Getting a 203(k) rehab loan offers several advantages when you're looking to buy a fixer-upper on Long Island. For example, you won't make a large down payment.

There are several factors that play a key role in determining mortgage rates, including the employment figure and 1-year Treasury bills.

Buying a condo is different from purchasing a single-family home or co-op. Make sure you keep these tips in mind before putting in an offer.

A 2016 report shows that most home-buyers are millennials and they work with real estate agents to learn more about the home-buying process.

Moving can be stressful, but there are ways to make it easier. Knowing how to appeal to buyers can help you sell your home at a quicker rate.

Retired NFL Jets quarterback Joe Namath recently bought his daughter and her husband a duplex on Manhattan's Upper West Side for about $1 million.

You may have heard of this type of loan, but if you still wonder how a reverse mortgage works, you will find out here.

Qualifying for a multi-family loan is similar to qualifying for a single-family mortgage loan, but there are some differences to keep in mind.

There are many commercial loan rates and requirements, but it’s important to be well informed so you can determine if you will qualify for them.

Purchasing a home is a scary (but exciting!) endeavor. It’s always good to have a little help, and Contour is ready to assist first-time home buyers.

Debt Consolidation Programs can be beneficial because they make it easier for you to pay off any outstanding bills that you’re aching to get rid of.

FHA loan limits change from year to year depending on certain factors, so it’s important to stay up-to-date about what these restrictions are.

There are many benefits to both renting and buying a home, but you have to carefully consider your options. It’s all based on finances and preference.