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|