NYSAR Housing Opportunities Foundation Grants

NYSAR Housing Opportunities Foundation Grants

The New York State Association of REALTORS Housing Opportunities Foundation Individual Grant NYSAR Housing Opportunities Foundation Grants The New York State Association of REALTOR....

What does the rising interest rates mean to me?

What does the rising interest rates mean to me?

You’ve no doubt noticed the increase in mortgage rates in the last month – maybe that statistic has even caused you to wonder if NOW is the time to sell your home. Happily ....

Improve Your Credit Score Before Applying for a Home Loan

Improve Your Credit Score Before Applying for a Home Loan

It’s a good idea to start working on improving your credit score several months before applying for a big loan, whether you’re buying a house, refinancing or buying a car. Boos....

Taxes and Your New Home

Taxes and Your New Home

If you bought a new home in 2015, here are some things to think about as you get ready for tax season: Mortgage Interest One of the biggest perks of owning your own home is the ben....

Home Buyer Programs

Home Buyer Programs

Home Buyer Programs Although the federal government has offered homebuyer programs in the past, for Tax Year 2015, most of the available home buyer programs will be at the local an....

Weatherizing Home Saves Money

Weatherizing Home Saves Money

To cut the cost of heating and cooling in your home, you should start at the top and work your way down.  Much of the energy loss in a house comes from warm air traveling upwards ....

Can I Get An FHA Loan With Student Loan Debt?

Can I Get An FHA Loan With Student Loan Debt?

Can I Get An FHA Loan With Student Loan Debt? Last year the Federal Housing Administration made adjustments to its underwriting handbook that significantly affect potential buyers....

How do Fed Rate Hikes Affect Mortgage Rates?

How do Fed Rate Hikes Affect Mortgage Rates?

Eeeeek! Mortgage Rates are going up … or are they? Last week, for the first time after years of historically low rates, the Federal Reserve decided to raise short-term interest r....

How Much Will My Payment Be?

How Much Will My Payment Be?

You’ve found your dream home!   Now you are wondering how much will my payment be? The home you’ve been searching for is for sale and you want to buy it. Can you affo....

Loan Options with Low Downpayments

Loan Options with Low Downpayments

U.S. economists expect 2015 to be a strong year for housing. What this means to you is that more homes are selling and the supply of available homes is decreasing. This also means ....

What is a SONYMA Mortgage?

What is a SONYMA Mortgage?

If you are a first time home buyer currently living in a two-family home, wouldn’t you love to own it and have your tenants pay part or most of your mortgage?  As a first ti....

New FHA Leeway for Approvals

New FHA Leeway for Approvals

Having a low FICO score usually means there is no way for you to quality for a FHA mortgage, but changes to the underwriting process August 2015 means that more borrowers may quali....