A mortgage rate is like the time displayed on a digital wristwatch: You see a number, but you don’t see the complex calculations concealed beneath. Since August, mortgage rates have lingered near the lowest levels in three years — right…
Homebuyers make a lot of mistakes that hurt their chances of getting a mortgage preapproval from their lender. You don’t want to join their ranks and sabotage your home purchase. To find out what those missteps are, we talked to two…
A 15-year mortgage is the dream home loan for home buyers who can afford the much higher monthly payments and want to shred their mortgage in half the usual time while saving thousands or even tens of thousands of dollars…
When exploring mortgage options, it’s likely you’ll hear about Federal Housing Administration and conventional loans. Let’s see, FHA loans are for first-time home buyers and conventional mortgages are for more established buyers — is that it? Not necessarily. Actually, the…
Understanding and navigating the mortgage process can be overwhelming, especially for first time homebuyers. Don’t worry - while there are many factors involved, we are here to help break down and simplify some of the concepts so that you become…
Everyone wants to make sure that they’re getting the best rate possible on what often times is the largest purchase they’ll ever make. Just like any other major purchase, you’re going to shop around for the best rates you can…
