Mortgage interest rates are near record lows again. This can mean great deals for homebuyers and great savings for homebuyers. Some lenders will even start advertising rates that are at least a half point lower than the average national rate. Buyers and r
Mar 27, 2020 | Interest Rates
Whether you are remodeling your kitchen, consolidating several big debts, or paying for your child’s college tuition, a home equity loan can be one of the most cost-effective ways to borrow money. Interest rates are lower on mortgages than on almost
Mar 18, 2020 | Home Equity
Employment history is a very important aspect of a mortgage application. Mortgage loans are usually for substantial sums of money and lenders want to reduce the risk that borrowers will default. One sign that a borrower will be consistent in making their
Mar 11, 2020 | Mortgage Advice
A jumbo refinance is different from a standard refinance because the loan amount is above the conforming loan limit for the property location. FHFA sets conforming loan limit values each year for mortgages that Fannie Mae and Freddie Mac can acquire. For
Feb 26, 2020 | Refinancing a Home Jumbo Loans
You can do pretty much everything on the Internet today, including apply for mortgage financing. Just because something is digital, does that automatically mean it’s better? There are several factors to consider when deciding between applying online
Feb 19, 2020 | Mortgage
There is a new trend catching on among younger urban residents: renting in the city and buying a vacation home as their first house purchase. This unconventional approach to first-time homebuying is one way for these buyers to achieve homeownership and al
Feb 12, 2020 | First-time Homebuyers Purchasing a Home