4 Factors Mortgage Lenders Consider When Determining Mortgage Rates

There are several pieces of information underwriters review before deciding what rate is appropriate. The good news is, it’s all information you can find and review, too. Buying a home is a busy time, and if you're in the market for a mortgage, there are no doubt many things on your mind. For many homebuyers, a [...]

Should you pay points in exchange for a lower mortgage rate?

Fluctuating mortgage interest rates always change the way consumers view the housing market. When rates go down, it's time to buy; when rates go up, making a purchase is a little bit less attractive. However, there are ways for prospective homebuyers to acquire an affordable mortgage, even when rates are on the rise. Now, at [...]

2017-04-06T19:13:53+00:00February 8, 2017|Economics 101, Loan Update 101|

The Real Estate Landscape: Then and Now (Infographic)

If you're in the market for a new home today, you have probably researched things like the latest mortgage rates and average home prices. If you're in the market for a new home today, you have probably researched the latest residential mortgage rates and average home prices. These are important statistics to know. After [...]

2017-04-06T19:17:58+00:00November 2, 2016|Economics 101|

When an Adjustable-Rate Mortgage Is a Good Idea

Picking the right residential mortgage has the potential to affect a family's finances for years and even decades to come. The choice to buy a home is one of the most important decisions a person will make in his or her adult life. But once the decision is made, it is closely followed by many [...]

2017-04-06T19:20:35+00:00August 7, 2016|Loan Update 101|

Home Renovations that Decrease Your Home’s Value

While there are many renovations that can help increase the resale value of your home, there are certain changes that will actually make your property less appealing to potential buyers. You may not be planning to sell your home in the near future, but if you think you may want to leave eventually, it is [...]

VA Loans Have Benefited More Than 20 Million People in 7 Decades

The office of Veterans Affairs offers VA loans to help these brave citizens finance a home for themselves and their families. Finding the perfect home isn't always easy. Paying for one can be even harder. Luckily, there are financial resources out there to help consumers of all types achieve homeownership, a goal commonly associated with [...]

2017-04-06T19:24:22+00:00June 5, 2016|Loan Update 101|