Interest rates are up and the housing market is adjusting. Learn more about the shift from a seller’s market to a buyer’s market and the steps you should take.
The first decision you must make when you’re applying for a home loan is whether you will use a mortgage broker or retail lender. This article explains what they are and can do for you in the home buying or refinance process.
Mortgage interest rates are on the rise. Last week ended with a 30-year fixed-rate mortgage averaged at 5.11%. That’s up from 2.97% last year at this time. The increase impacts everyone.
For some of us, reviewing our budget, assets, debts, and credit is a daunting task. The best advice we can give is to take it one step at a time. There are articles on in this learning center that help with each part of this process. This article focuses on five important financial aspects of the loan the process.
Everyone makes mistakes. We’re human after all. There are, however, some mistakes you can avoid when you’re buying a home. Here are the top five mistakes made during the home buying and loan process.
We’ve created a loan comparison chart for your convenience. This chart compares some of the most common requirements and the differences between five popular loan programs.
When it’s a seller’s market, houses sometimes move before you can get out the door to see them. If you’re lucky enough to find a home you want, there’s a good chance yours will be one of many offers. So, how do you win a bidding war for that home you really want?
You want to buy a home and need a mortgage. Where do you start? You start by applying for a loan which sets in motion the preapproval process. Here’s what you need to know about obtaining preapproval.
You don’t have to know everything about these mortgage loan options to move forward with buying a home. That’s what your mortgage broker is here for. However, it’s good to understand the basics. The more you know, the better prepared you’ll be when apply for a mortgage. Here’s a brief summary of the different types of traditional and specialty loans.
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