mortgage: Many Buyers Are Willing To Go Over Their Budget For The Perfect Home - 01/18/21 06:40 AM
For those who are looking for a new home, it is important to take the time to get this decision right. For a lot of people, a home is the most valuable investment they are ever going to make. As a result, it is critical to evaluate all of the options that are available. That way, everyone will get the most out of their time. What about setting a budget? How important is this and should people think about going over it?
It Is Important To Budget First
When someone is looking for a home, the first step is to know the budget. … (3 comments)

mortgage: What Do You Need To Know About Buying & Selling During The Pandemic? - 01/14/21 01:17 PM
For those who are thinking about buying or selling a home during the pandemic, they may feel like this is a difficult task. Even though it is true that this is going to be a challenge, people are able to increase their success rate by adapting to a new environment. When it comes to buying or selling a home during the pandemic, there are a few tips that everyone should keep in mind.
Many Showings Are Going To Be Virtual
Make sure that everyone is ready to provide a virtual tour or go on one themselves. Of course, everyone is currently living in an era of social distancing. … (1 comments)

mortgage: What’s Ahead For Mortgage Rates This Week – January 11, 2021 - 01/11/21 05:45 AM
Last week’s economic reports included readings on construction spending and reports on the national unemployment rate and job growth. Weekly reporting on mortgage rates and jobless claims were also published.
Construction Spending Increases as Demand for Homes Rises
Homebuilders responded to increased demand for single-family homes and increased their spending in November. Construction spending rose by 0.90 percent as compared to projected spending of 1.10 percent and  1.60 percent growth in November. Demand for homes increased in recent months due to the coronavirus pandemic. Homeowners left urban areas and bought larger homes in suburban and rural areas. Low mortgage rates, flight from cities, … (0 comments)

mortgage: When Is The Best Time Of Year To Buy Things For A Home - 01/08/21 06:30 AM
For those who are trying to buy things for their home, it is important to think carefully. Nobody wants to overpay; however, reaching for something cheap may simply end up getting replaced quickly. There are a few highlights that everyone should consider purchasing for their home in January!
Purchase Some Furniture In January
First, everyone has to make sure they think about buying furniture either in January or July. A lot of furniture manufacturers provide retail stores with new pieces in February and August. Therefore, a lot of furniture will go on sale starting either in January or July.
Storage Items Go On Sale … (5 comments)

mortgage: Tips For Getting A Mortgage Application Approved - 01/05/21 12:38 PM
Right now, mortgage rates have fallen to rates that haven’t been seen in years. This opens the door for many people to apply for a mortgage that they previously may not have been able to afford. Sadly, not everyone who applies for a mortgage is going to be approved. There are a few steps that applicants can take to increase their chances of getting their mortgage application approved.
Increase The Credit Score
Applicants need to make sure that their credit scores are as high as possible when they apply for a mortgage. The greater the credit score is, the more trustworthy they look … (1 comments)

mortgage: A Few Creative and Effective Ways to Save Money for a Down Payment - 12/29/20 10:01 AM
For those who are looking to buy a home, they know that this is one of the most exciting experiences in the world. There is something special that comes with looking at a bunch of homes and envisioning a life there. On the other hand, the prospect of saving 20 percent of the home’s value to put down might seem overwhelming. Fortunately, there are a few creative ways that people can save up enough money to purchase their starter dream home.
Talk To The Seller
One of the first tips that people need to keep in mind involves talking to the seller. There … (2 comments)

mortgage: What’s Ahead For Mortgage Rates This Week – December 21, 2020 - 12/21/20 11:24 AM
Last week’s scheduled economic reporting included readings from the National Association of Home Builders and a statement from the Federal Reserve’s Federal Open Market Committee. Weekly readings on mortgage rates and jobless claims were also released.
NAHB: Builder Confidence Falls In December
Homebuilder confidence in market conditions for single-family dropped by four points in December to an index reading of 86.  December’s reading was the second-highest on record after November’s reading. Component readings of the Housing Market Index also dropped. Builder confidence in current market conditions fell to 92 as confidence in single-family home sales within the next six months fell to an … (1 comments)

mortgage: Getting A Lower Interest Rate During A Refinance - 12/16/20 07:43 AM
There are a lot of people who have spotted the record-low mortgage rates right now and are wondering if they can refinance successfully. While many people apply for a refinance of their current home loan, not everyone will be approved. Furthermore, a home refinance is not the best option for everyone. Those who want to qualify for record-low refinance rates need to keep a few key points in mind.
Be A Strong Refinance Candidate
First, homeowners need to make sure that it is actually worth their time to refinance to a lower home mortgage rate. In general, homeowners want to make sure they … (1 comments)

mortgage: Purchase The Right Amount Of Home Insurance - 12/15/20 09:57 AM
For most people, their home is the most valuable investment they will ever make. Therefore, it needs to be protected. This is where homeowners’ insurance is critical. At the same time, buying the right amount of homeowners’ insurance can be a bit of a challenge.
A home that is underinsured leaves the homeowner vulnerable to situations involving fires, floods, and theft. On the other hand, nobody wants to throw away money unnecessarily by over-insuring the home. How can everyone purchase the right amount of homeowners’ insurance?
Review The Coverage Every Year
First, people’s needs are going to change from year to year. Therefore, everyone … (3 comments)

mortgage: What To Watch Out For When Buying A Home - 12/10/20 09:27 AM
Buying a new home is an exciting experience.  At the same time, it is also important for everyone to think about a few important topics that have to be discussed before they place an offer on a home. That way, everyone can rest easy, knowing they have done their due diligence when it comes to purchasing a new home.
Do Not Neglect The Noise Level Of The Neighborhood
One of the most commonly overlooked topics when it comes to buying a house is the noise level of the neighborhood. Some noise from the outside world is to be expected, particularly for those who move … (2 comments)

mortgage: Mortgage Forbearance: What Is This And What Should Homeowners Know? - 12/09/20 09:53 AM
Current times are tough and there are a lot of homeowners who are having trouble making ends meet. Therefore, they are looking for ways to remain financially afloat as they assess their options. One option that people might have heard a lot about is called mortgage forbearance.
It is critical for everyone to understand what mortgage forbearance is and how this might be able to help them during these challenging times. Importantly, it is also important for people to know what mortgage forbearance is not.
What Does Mortgage Forbearance Do?
For those who are currently facing financial challenges, mortgage forbearance might be helpful. The … (3 comments)

mortgage: Home Values Are Impacted By School Zones: Is The Move Worth It? - 12/08/20 11:52 AM
If you are looking for a home, then you probably have a budget in mind. You also need to know about the most common factors that influence the price of a home. One factor that always seems to play a role in the price of a home is the quality of the school system. This makes sense. After all, a lot of people who are looking for a home have children (or are planning on having children) and want to make sure they have access to a quality education. At the same time, is it truly worth the price increase to … (1 comments)

mortgage: Buying A Home Virtually - 12/03/20 12:33 PM
During the past few months, everyone has been going through unprecedented times. Every industry has been impacted and this includes the real estate sector. There are lots of people who are still trying to buy and sell a home during an era of social distancing. This can make it hard to look at a prospective property in person. The good news is that there are still ways for people to buy a house virtually. There are a few tips that everyone should keep in mind. 
Go On A Virtual Tour
Of course, everyone wants to take a close look at a home before … (2 comments)

mortgage: 3 Features That Will Help You Turn a Profit on an Investment Property - 12/01/20 01:59 PM
If you’re entering the real estate investment market for the first time, you’re embarking on a great adventure – and with a solid plan, you can turn a tidy profit on your investment.
The key to a successful real estate investment is choosing the right property. A great property will reap dividends for years to come. Look for these three features in your next investment property and you’ll have no trouble finding one that turns a profit.
Location: More Important Than You Think
The location of your investment property will be critical in determining how much you earn on it and how long you’re … (3 comments)

mortgage: What’s Ahead For Mortgage Rates This Week – November 30, 2020 - 11/30/20 01:45 PM
Last week’s economic reporting included readings on Case-Shiller Home Price Indices, new home sales, and consumer sentiment. Weekly readings on mortgage rates and jobless claims were also released. No readings were released on Thursday or Friday due to the Thanksgiving holiday.
Case-Shiller Reports Highest Pace Of Home Price Growth Since 2014
Case-Shiller reported higher home price growth in September with national home price growth of 7.00 percent on a seasonally adjusted annual basis. August’s national home price growth pace was 5.80 percent. Housing markets in many areas are seeing increased activity due to higher demand for homes.
While higher home prices appear counter-intuitive during … (1 comments)

mortgage: Home Expenses Include Far More Than Just the Down payment - 11/25/20 11:07 AM
If you are thinking about purchasing your first home in the near future, then you need to be aware of the costs that you are going to take on. When you are looking at the cost of a home, it is very tempting to focus on the sticker price of the home. Even though the down payment is going to be the largest check you are going to write, this is not the only cost that you are going to pay.
There are numerous other costs for which you need to budget as well. By thinking about all of these costs ahead of … (2 comments)

mortgage: Important Advice For Locating The Right Neighborhood - 11/24/20 01:09 PM
When people are thinking about moving, they want to make sure they find the right neighborhood. At the same time, it is not always easy for many homeowners to decide where they are going to live. Particularly if they are not familiar with the local community, there are a few important points that everyone should keep in mind. By thinking about these factors ahead of time, potential homeowners are going to place themselves in a position to be successful when they purchase their next home. 
Consider The Importance Of The Schools
Many people who are moving are looking for a bigger house because … (1 comments)

mortgage: What’s Ahead For Mortgage Rates This Week – November 23, 2020 - 11/23/20 10:46 AM
Last week’s economic reporting included readings on housing market conditions, sales of previously owned homes, and housing starts and building permits issued. Weekly reports on mortgage rates and jobless claims were also released.
NAHB: Homebuilder Confidence Hits Record High in November
The National Association of Home Builders reported a fourth consecutive record high for builder confidence as November’s index reading of 90 exceeded October’s reading of 80. Any reading over 50 indicates that most home builders are confident about housing markets.
Component readings for the Housing Market Index also rose. Builder confidence in current market conditions rose six points to 96. Builder confidence in … (0 comments)

mortgage: How Are Mortgage Lenders Handling Student Loans During the Pandemic? - 11/12/20 11:34 AM
The coronavirus pandemic has had a massive impact on everyone. This pandemic has led to massive economic issues as well. Given the ongoing crisis as it relates to student loan debt, many students are wondering how the pandemic is going to impact their student loans and how their student loans are going to impact a potential mortgage payment. There are a few points to keep in mind.
Freddie Mac
In general, loans backed by Freddie Mac are going to use the student loan payment that is marked on the credit report. If this amount is $0 or unknown, then the lender is going … (0 comments)

mortgage: The Ultimate Payoff: Getting Debt Free Before Retirement - 11/05/20 11:37 AM
Try To Keep Housing Costs Low
First, it is important for everyone to try to keep their housing costs as low as possible. Housing is one of the major sources of death of people have when they retire. This could come in the form of a mortgage that has been stressed out for a longer period of time in order to send kids to college.
At the same time, as people start to approach retirement, they should try to attack this debt as much as possible. Remember that cash is king. Paying off a mortgage before retirement can really help people improve their … (1 comments)

Joe Gonzalez, NMLS# 126036 (610) 739-6563 (CrossCountry Mortgage, LLC NMLS #3029)

Joe Gonzalez

NMLS# 126036 (610) 739-6563

King of Prussia, PA

More about me…

CrossCountry Mortgage, LLC NMLS #3029

Address: 625 W. Ridge Pike, Building C, Suite 100, Conshohocken, PA, 19428

Office: 610.355.8039

Mobile: 610.739.6563

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