Why You Might Still See 5% Mortgage Rates
It’s been tough sledding for mortgage rates over the past month. They were actually on a roll to start off 2023, falling for the entire… Read More »Why You Might Still See 5% Mortgage Rates
Mortgage Tips
This was the first category I created when this website was created in 2006.
And it’s really why I launched the site to begin with. To educate prospective home buyers and existing homeowners.
Simple guides and practical mortgage tips can help you better understand and prepare for the home loan process.
Same goes for answering mortgage questions and brushing up on the latest mortgage lingo.
Sometimes home buyers focus exclusively on the real estate piece while ignoring the home loan part.
This can result in some bad decisions when it comes to getting a mortgage. Or simply overpaying because of missteps (or a lack of shopping around!).
Learn how to get a mortgage, refinance an existing loan, and discover the many different loans programs available today.
You’re not financing a TV, or a car for that matter. It’s a big purchase and it deserves a lot more time and attention.
Arm yourself with knowledge early on and you’ll likely enjoy a better outcome.
Mortgage Rates vs. Home Prices: Is There Really an Inverse Relationship?
Mortgage Q&A: “Mortgage rates vs. home prices.” Today, we’ll look at the impact of home prices and mortgage rates on your decision to buy a… Read More »Mortgage Rates vs. Home Prices: Is There Really an Inverse Relationship?
FHA vs. Conventional Loan: These Charts Can Help You Determine Which Is Cheaper
It’s time for another edition of mortgage match-ups: “FHA vs. conventional loan.” Our latest bout pits FHA loans against conventional loans, both of which are… Read More »FHA vs. Conventional Loan: These Charts Can Help You Determine Which Is Cheaper
Is It Worth Using a Mortgage Lender Now for the Promise of Waived Fees in the Future?
These days, mortgage rates aren’t as cheap as they used to be. And that is the understatement of the century. The 30-year fixed is currently… Read More »Is It Worth Using a Mortgage Lender Now for the Promise of Waived Fees in the Future?
Annual Mortgage Insurance Premium on FHA Loans Reduced 30 Basis Points
In an effort to make homeownership more affordable, the U.S. Department of Housing and Urban Development (HUD) is reducing fees on FHA loans. Specifically, HUD… Read More »Annual Mortgage Insurance Premium on FHA Loans Reduced 30 Basis Points
10 Things You Should Do Before Applying for a Mortgage
I recently wrote that you should look for a mortgage before searching for a property to buy because unless you have lots of cash, you’re… Read More »10 Things You Should Do Before Applying for a Mortgage
What Time of Year Are Mortgage Rates Lowest? Here’s What The Data Says
Mortgage Q&A: “What time of year are mortgage rates lowest?” We’re all looking for an angle, especially if it’ll save us some money. Whether it’s… Read More »What Time of Year Are Mortgage Rates Lowest? Here’s What The Data Says
There Is No Free Mortgage
You’ve heard the term “no free lunch.” Well, the same is true of home loans. There is no “free mortgage.” Sure, banks and lenders will… Read More »There Is No Free Mortgage
Better Mortgage Review: They Promise Speed But at What Price?
One of the first “fintech” mortgage lenders that came into existence in recent years was Better Mortgage. Launched in 2014, they managed to fund more… Read More »Better Mortgage Review: They Promise Speed But at What Price?
What Is the Easiest Type of Mortgage to Get?
Mortgage Q&A: “What is the easiest type of mortgage to get?” Relative to other types of loans, it can be difficult to get approved for… Read More »What Is the Easiest Type of Mortgage to Get?