The majority of homes around the country are purchased with the aid of traditional, conforming mortgage loans. Yet when home prices rise quickly, many markets have price tags that are too high for these standard loans. Enter the jumbo loan. What i
Nov 14, 2018 | Home Buying or Selling
Advertised Utah interest rates generally reflect the national average. What they may not reflect is your individual loan situation. Borrowers often believe, when they see a listing of “today’s mortgage rates,” that the listed rates accu
Nov 10, 2018 | Mortgage Basics Interest Rates
"I'm on my way, I'm on my way home sweet home" - Home Sweet Home, Motley Crue Last Tuesday, many politicians went "home" after the midterm election results and the day ended with a split of power between the House and Senate.
Nov 09, 2018 | Mortgage News
The majority of Utah home buyers sign up for 30-year fixed-rate mortgages (FRMs) – the staples of mortgage lending. And yet there is another option that may serve many borrowers better: the 15-year fixed-rate mortgage. Both loans include an interest
Nov 08, 2018 | Interest Rates Mortgage Basics
Mortgage lenders loosened their mortgage credit standards in October, according to data from the Mortgage Bankers Association. The MBA’s Mortgage Credit Availability Index rose to 186.7, up 2.5% from 182.1 in September and 181 in October 2017. That
Nov 07, 2018 | Mortgage News
The Federal Trade Commission (FTC) and the National Association of REALTORS® have announced concerns over closing cost scams, including scams in Utah.Here's how the scam works: Hackers break into a consumer's or real estate professional's email accoun
Nov 07, 2018 | Mortgage News