Mortgage News, Tips and Resources

Record-low housing inventories and more prospective buyers than sellers have led to competitive bidding wars characterized by little to no contingencies, “as is” contracts, higher opening bids and down payments, and more.

With the cost of living increasing each year, many prospective and current Long Island homeowners are seeking ways to keep expenses down, such as refinancing, tax grievances, veterans benefits, energy audits, and debt consolidation.

With close proximity to New York City, Long Island is a suburban oasis of activities, recreation, cuisine, museums, beaches, and culture for residents and visitors of all ages.

When crafting a strong offer in a tight real estate market, prospective homebuyers should consider competitive tactics such as minimal contingencies, earnest money, escalation clauses, flexibility, appraisal gap coverage, and more.

When researching and comparing the best mortgages for your needs, there are several options, such as conventional, government-backed, jumbo loans, and more—all of with unique requirements, features, benefits, and cost-saving incentives.

With this year’s winter real estate market again predicted to be one of the best ever, now is the perfect time to sell your home due to low interest rates, added demand, proactive buyers, increased digital marketing tools, and other trends.

To help make sure adults and children have a safe time trick-or-treating, we've compiled a list of Halloween safety tips. Contour mortgage is here.

The usually tepid fall homebuying season will continue gaining momentum due to the lifting of COVID-19 restrictions, more flexible remote work schedules, motivated buyers, additional space needs, and more.

Purchasing a vacation home offers myriad financial and tax benefits, but it’s also important to review important secondary mortgage factors, such as terms and limitations, requirements, qualifications, credit scores, and suitable options.

With low inventory and interest rates, and home sales occurring at a record pace, it’s even more important for potential buyers to understand the home financing process, such as mortgage options, qualifications, down payment percentages, and other elements.

Home equity and mortgage loans can both be used toward home purchases repairs, improvements and other upgrades, but each financing type differs in requirements, benefits, tax deductions, and repayment terms.

Designated for primary, secondary, and multi-unit properties priced $500,000 or more, jumbo loans help qualified home buyers secure funding beyond current Federal Housing Finance Agency (FHFA) maximum conforming loan limits.

Federal Housing Administration (FHA) loans can aid potential borrowers in achieving homeownership through many benefits, such as low down payments, reduced closing costs, lenient credit requirements, and more.

Prospective first-time home buyers may qualify for several significant cost-saving incentives, such as government-backed loans and grants, tax credits and exemptions, financial assistance, and more.

Home equity is an invaluable investment that can be utilized to obtain a loan, line of credit, or refinancing, for value-driven expenses such as home improvements and emergency repairs, education costs, real estate investments, and more.

To rent or purchase? That’s the million-dollar question! You need to consider many factors, including the current housing market and your personal financial situation.

Home purchases are possible during the coronavirus pandemic, but some processes have been dramatically altered.

Brooklyn is known for its trendy neighborhoods, but where’s the best places to live in this New York City borough?

When looking for a place to live, Baltimore’s suburbs defy expectations.

5 helpful tips to remember when you are moving into a new home.