Loan Resources

Inflation has gotten to be a real pain in the neck. At the last print, the consumer price index showed a year-to-year uptick of 8.6% in prices. This is the largest such increase in the reading since December 1981. The…
The post Federal Reserve Press Release In Plain English – June 2022 appeared first on Zing Blog by Quicken Loans.

The Federal Reserve raising short-term interest rates by 0.5% was anticipated. Of much more interest to market participants was how the Fed planned to handle running down its investments made in the aftermath of the pandemic. What you might find…
The post Federal Reserve Press Release In Plain English – May 2022 appeared first on Zing Blog by Quicken Loans.

The Federal Reserve chose to raise interest rates for the first time since the beginning of the pandemic in an attempt to get inflation under control. That much was expected. What’s more interesting is that once per quarter, the Federal…
The post Federal Reserve Press Release in Plain English – March 2022 appeared first on Zing Blog by Quicken Loans.

Should you rent or buy? That is the question. We take a look at the benefits of both and then tell one family’s story of why they chose to buy.
The post Rent Vs. Buy: How To Decide In 5 Steps appeared first on Zing Blog by Quicken Loans.

The Federal Reserve didn’t make any changes to its policy in terms of interest rates or mortgage bonds, but it teed up the potential for movement very soon. Because the Fed specializes in econo-speak, we’ve tried to put an analysis…
The post Federal Reserve Press Release In Plain English – January 2022 appeared first on Zing Blog by Quicken Loans.

VA loans are the best deal available for our nation’s active duty and veteran service members and their spouses. If you’re looking to buy a home with a VA loan, this is what you need to know.
The post VA Loans for Buying a Home appeared first on Zing Blog by Quicken Loans.

Did you know you can refinance your primary mortgage through the VA without giving up your second mortgage or HELOC? Read on for details.
The post Can You Have A Second Mortgage With A VA Loan? appeared first on Zing Blog by Quicken Loans.

The Federal Open Market Committee (FOMC) of the Federal Reserve concluded its final policy meeting of 2021 yesterday. The Committee had several interesting things to say, but perhaps the most important thing to start with is its assessment of the…
The post Federal Reserve Press Release In Plain English – December 2021 appeared first on Zing Blog by Quicken Loans.

Anyone keeping an eye on the real estate market watched for predictions in 2021. Along with the pandemic, 2020 brought a chaotic whirlwind for the housing market. Mortgage rates dropped down to record lows that carried through much of 2021.…
The post 2022 Housing Market Predictions: What To Expect appeared first on Zing Blog by Quicken Loans.

What’s the most difficult part of buying a home, especially for first timers? Buyers who’ve been through the process will often point to the challenge of gathering enough funds for a down payment. Fortunately, saving for this chunk of change, though an intimidating process, is not impossible. There are ways to save enough money for a down payment in just a year.
The post How to Save Enough Money for a Down Payment in One Year or Less appeared first on Zing Blog by Quicken Loans.