The most common home loan, by far, is the 30-year fixed-rate mortgage. It spreads out the principal and interest in an amortized pattern over three decades, allowing for manageable payments. It’s a good solid loan structure beloved by lenders and bo
Nov 01, 2022 | Purchasing a Home Refinancing a Home Interest Rates
Long-term mortgage interest rates have more than doubled in the past year and hit 14-year highs as of September 2022. If you bought a home in recent years with an adjustable-rate mortgage (ARM), it probably made a lot of sense at the time and helped you s
Oct 25, 2022 | Interest Rates Refinancing a Home
Today’s housing market remains hot, with soaring sales prices, even as mortgage interest rates have almost doubled in the past year. Those factors combined with very limited inventory make it difficult for many would-be buyers to get a foothold in h
Jul 26, 2022 | Refinancing a Home Home Equity Loans
Mortgage interest rates have jumped more than two full percentage points in the past year and with home prices growing at record high paces, buying a home might seem more out of reach than ever for some people. The good news is that there are smart ways t
Jul 19, 2022 | Purchasing a Home Refinancing a Home
Maybe you bought a second home during the pandemic as a way to escape during lockdowns. Maybe you bought one to rent out part-time for extra income in today’s uncertain economy. And with home prices growing so quickly, you may be wondering if you can refi
Jul 12, 2022 | Refinancing a Home
The average home price in the U.S. has jumped significantly over the past few years, forcing potential home buyers to reexamine their wants and needs when it comes to housing. One more affordable option - that makes up 10% of all single-family homes - is
Jul 07, 2022 | Purchasing a Home Refinancing a Home
