Does the Fed Control Mortgage Rates?
Mortgage Q&A: “Does the Fed control mortgage rates?” With all the recent hubbub concerning mortgage rates, and the Fed, you might be wondering how it… Read More »Does the Fed Control 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.
Why Won’t Home Builders Lower Prices If Mortgage Rates Are Way Higher?
Lately, mortgage rates have surged higher, climbing from as low as 2% to over 8% in some cases. Despite this, home builders have been enjoying… Read More »Why Won’t Home Builders Lower Prices If Mortgage Rates Are Way Higher?
The Power of Extra Mortgage Payments
Mortgages can be viewed very differently. Some see them as a positive financial instrument, a way to free up their money so it can be… Read More »The Power of Extra Mortgage Payments
What Is a Mortgage Loan Servicer? The Company That Collects Your Payments
Perhaps one of the most confusing aspects of getting a mortgage is knowing who you actually pay once the thing funds. And to that end,… Read More »What Is a Mortgage Loan Servicer? The Company That Collects Your Payments
The Refinance Rule of Thumb: Only Refinance Your Mortgage If…
How Much Lower Should Mortgage Rates Be to Refinance? Unfortunately there is no one-size-fits-all answer to this question Because no two loan scenarios (or homeowners)… Read More »The Refinance Rule of Thumb: Only Refinance Your Mortgage If…
What’s the Best Mortgage for First Time Buyers?
If you’re new to real estate and preparing to make an offer on a property, you might be wondering what mortgage is best for a… Read More »What’s the Best Mortgage for First Time Buyers?
Cash Out vs. HELOC vs. Home Equity Loan: Which Is the Best Option Right Now and Why?
It’s time for another mortgage match-up: “Cash out vs. HELOC vs. home equity loan.” Yes, this is a three-way battle, unlike the typical two-way duels… Read More »Cash Out vs. HELOC vs. Home Equity Loan: Which Is the Best Option Right Now and Why?
15-Year Fixed vs. 30-Year Fixed: The Pros and Cons
It’s time for another mortgage match-up: “15-year fixed vs. 30-year fixed.” As always, there is no one-size-fits-all mortgage solution because everyone is different and may… Read More »15-Year Fixed vs. 30-Year Fixed: The Pros and Cons
Mortgage Impounds vs. Paying Taxes and Insurance Yourself: The Pros and Cons
If you’ve been researching mortgages, or are in the process of taking out a home loan, you may have come across the term “impounds” or… Read More »Mortgage Impounds vs. Paying Taxes and Insurance Yourself: The Pros and Cons
18 Important Mortgage Refinance Questions Answered
With mortgage rates no longer at or near record lows, the refinance question has become a lot more complex. It used to be a no-brainer… Read More »18 Important Mortgage Refinance Questions Answered