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Paying Off Your Credit Cards Will Aid in Mortgage Loaning

[fa icon="calendar'] May 31, 2016 10:29:57 AM / by Eustis Mortgage posted in mortgage news, expenses, credit cards, money, mortgage, loans

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Beginning in June, Fannie Mae, which is one of the biggest government-sponsored buyers of mortgages, will now favor borrowers making efforts to pay down their credit cards when it comes to buying home loans. This means those just paying the
monthly minimums may simply not be enough. The company’s counterpart, Freddie Mac, is expected to follow suit.

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Homeowner Expenses that Renters Don't Know About

[fa icon="calendar'] Apr 12, 2016 12:03:21 PM / by Eustis Mortgage posted in homeownership, expenses, first time homeowner, buying vs. renting

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Homeownership is, for many, the culmination of the American Dream and a major rite of passage. We’ve written many times on this very blog that the fastest path to building financial wealth is — you guessed it — owning a home.

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