As a first-time homebuyer, there may be many mortgage terms that may sound foreign to you. For example, when you start looking at interest rates offered by mortgage brokers, they will often be accompanied by a “points” or “origination fe
Dec 15, 2021 | Purchasing a Home Refinancing a Home Mortgage Basics
The typical mortgage loan lasts 30 years and is amortized equally over that entire period, so that the borrower makes consistent payments, including both interest and principal. The last payment pays off the loan. However, there is a type of loan called a
Nov 17, 2021 | Refinancing a Home Purchasing a Home Conventional Loans
After you’ve accepted an offer to sell your home, your property will be appraised to see if it's worth what the buyer is offering. This appraisal is crucial to making sure the sale goes through smoothly. If it comes in too low, the buyers might back out o
Nov 03, 2021 | Purchasing a Home Refinancing a Home Homeowner Tips
With the housing market on fire, home prices have steadily risen for the past several years. The result has been an enormous amount of home equity for American homeowners. In fact, according to mortgage data firm Black Knight in the second quarter of 2
Oct 20, 2021 | Refinancing a Home Mortgage News
Mortgage interest rates are at historic lows and homeowners can take advantage of great savings by refinancing into those lower rates. But what if you’ve already refinanced and you still need to save money on housing costs? Or what if you don’
Oct 06, 2021 | Refinancing a Home Home Equity Loans
Refinancing a mortgage can be incredibly helpful financially, whether for lowering monthly payments, shortening the loan term, or pulling out equity to pay off debt or for other projects. Even as you achieve those fiscal goals, you may wonder what effect
Jul 14, 2021 | Refinancing a Home
