Home selling during the holidays can benefit you! » Mortgage Masters Group

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What could save you a few dollars now could cost you far more in the long run if your mortgage payments will be higher. And along those same lines, "Don’t overspend during the holiday season," says Dean Sioukas founder of Magilla Loans, an online lending exchange. "Especially on impulse purchases that can be tempting during the holidays."

5 Benefits of Applying for a Mortgage during the Holidays. Faster closings. Because of home sellers actively looking to sell their homes during the holidays, confident home buyers end up getting better deals on homes more often than not. The holidays usually incline people to be nicer, kinder, and more helpful to others.

Homeowners selling during the fall. That’s because home buyers can deduct mortgage interest, property taxes and some of the costs involved in purchasing a home from their income taxes. Right now,

Mortgage Masters of Indiana | Evansville, Bloomington, Indianapolis is committed to helping you find the right mortgage product for your needs. We understand that every borrower is different, and we offer a variety of products to meet your individual requirements.

"Given that prices are rising, more people will be pushed on the borderline of conventional mortgage limits and may need a large down payment or a jumbo mortgage," Yun says. Nationwide, the median price for an existing single-family home in January was $213,800 – up 8.2 percent just from a year ago, according to NAR’s housing data.

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Renewed fears over the state of the economy triggered a fresh bout of selling during the morning session. in particular the state-owned mortgage providers, saw the Dow Jones back on the slide, off.