Will Rising Rates Make South Carolina Mortgage Loans Hard to Refinance?

"Homeowners also face certain dilemmas in spite of their market options. While fixed rates are still a good option because they remain historically low, they may not offer significant savings on short-term loans if market rates fall. One-year ARMs typically have lower rates than, say, 30-year fixed-rate mortgages, but their savings are minimal compared to the latter in the long run. In any case, homeowners must weigh their options carefully before they refinance their outstanding home loans. For homeowners in South Carolina, this means consulting with a trusted mortgage expert such as Churchill Mortgage to arrive at sensible decisions based on their circumstances. With proper guidance, homeowners can refinance their SC mortgage loans and enjoy savings despite the rising rates."

http://south-carolina.churchillmortgage.com/industry-news/will-rising-rates-make-south-carolina-mortgage-loans-hard-to-refinance/

Why You Should Carefully Pick Decent South Carolina Mortgage Loans

Things are looking tense for the housing industry in South Carolina, as equity values flicker nationwide and affect mortgage loans. Homeowners will need to put their trust in reliable lenders in order to turn things around. Thus, buyers need to carefully choose negotiable South Carolina mortgage loans from reasonable lenders such as the Churchill Mortgage Corporation. Being underwater can be a daunting experience, especially for householders who barely break even on their payments. Homeowners can attempt to stay and continue to pay for their mortgages, but they might end up digging their own financial graves while increasing costs abound. That doesn't mean, however, that there's nothing householders can do about their situation.

http://south-carolina.churchillmortgage.com/industry-news/why-you-should-carefully-pick-decent-south-carolina-mortgage-loans/

Pre-approved South Carolina Mortgage Loans: What First-time Home Buyers Need

"Brian O'Connell's July 22 article for NuWire reports that first-time home buyers in the U.S. are on a roll. O'Connell cites data gathered by global market research company J.D. Power, which shows that 49 percent of new home buyers are also first-timers. This is certainly a marked improvement compared to the 40 percent noted at the same time last year. Based on the same study, O'Connell noted that the majority of first-time home buyers are between the ages of 20 and 30. Despite their youth, these home buyers show that they are as savvy about the real estate market as more seasoned home buyers; and have accordingly taken advantage of affordable home prices as well as low mortgage rates. Those who hope to follow in the footsteps of these smart young home buyers may want to closely consider their options for reasonably priced South Carolina mortgage loans."

http://south-carolina.churchillmortgage.com/industry-news/pre-approved-south-carolina-mortgage-loans-what-first-time-home-buyers-need/

South Carolina Mortgage Loans Firm Lends Tips Regarding Buyer’s Regret

"Greenwood, South Carolina (September 9, 2013) – Churchill Mortgage is offering advice on how to avoid buyer’s regret. With their tips, the South Carolina mortgage loans company aims to help a would-be homeowner make a better decision on whether or not to proceed with a purchase. The established lender suggests that, when buying a house, one should think rationally, ahead, and of everything. By thinking rationally and ahead of time, the person becomes less likely to make a purchase on impulse and so consider how long he or she foresees staying in the home based on long-term needs and plans. In turn, thinking of everything entails asking questions that will make the individual prone to fewer surprises and feel more confident about his or her potential purchase."

http://south-carolina.churchillmortgage.com/press-releases/south-carolina-mortgage-loans-firm-lends-tips-regarding-buyers-regret/.