Tag: Mortgage

Posted on 11/21/2024

Housing prices are constantly changing, which can make both buying and selling a home more complicated. While it’s difficult to predict future changes, it’s important to understand the key factors that affect the housing market and home prices. Here are the five major things that affect housing prices: Economic Change The overall health of the economy is a...

Economy

Home Prices

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Posted on 06/06/2024

Fixed rate mortgage: Definition & key considerations

To choose the right mortgage loan, it’s important to...

Fixed Rate Mortgage

Adjustable Rate Mortgage

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Posted on 03/23/2023

What is the term of a mortgage? Your questions answered

A major aspect of financing a home is choosing the “term”...

Adjustable Rate Mortgage

Fixed Rate Mortgage

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Posted on 11/03/2022

3 Common reasons to refinance your mortgage

Homeowners refinance their mortgages for an assortment of reasons. Some reasons center around strictly wanting to pay off their homes faster and at better interest rates, while others may fall along practical life events or emergencies. If you find yourself asking, “should I refinance my mortgage,” try checking off a few boxes to help come to a decision....

Home Finance

Home Loans

+ 4 more

Posted on 10/13/2022

Your quick guide to 30-year mortgage rates

Most homebuyers, even those just starting their first-time homeowner journey, have learned a thing or two about 30-year mortgages. For example, some 30-year mortgages will let you pay the mortgage down earlier than 30-years, while others may fix a prepayment penalty to that plan to make up the loss in revenue from the interest rate. But what about...

15 Year Mortgage

30 Year Mortgage

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Posted on 09/15/2022

Should I refinance my mortgage? 3 Simple checklist items

At some point, numerous homeowners ask themselves, “Should I refinance my mortgage?” And while some offers of lower interest rates and saving money may seem like refinancing is your best option, consider your unique financial situation before deciding. You may be asking yourself, “where do I start in the process?” Here are three quick checklist items to help...

Home Finance

Home Loans

+ 4 more