If you have ever checked out the current status of mortgage interest rates, you may have seen the average points listed next to the rates. What are these points and how do they affect your interest rate? Points Defined Mortgage points, or discount point
Feb 06, 2019 | Interest Rates Conventional Loans Fixed Rate Mortgages
There is so much to do when buying a home, don't forget the details! SOME THINGS TO REMEMBER WHEN MOVING INTO YOUR NEW HOME CHANGE THE LOCKS You don't know the whereabouts of past tenants' keys. UPDATE YOUR ADDRESS For voter regis
Feb 05, 2019 |
When applying for a mortgage, the banks want to know where your money is coming from. Copies of your bank statements are always necessary in the pre-approval process. Here are some tips for making sure that you are prepared. Always provide ALL nu
Jan 31, 2019 |
Mortgage interest rates fluctuate from week to week and they can make huge swings from decade to decade. In the early 1980s, for example, mortgage rates were as high as 18% while roughly 30 years later they are less than a third of that rate. What causes
Jan 30, 2019 | Interest Rates
Adjustable rate mortgage (ARM) loans always grow in popularity when interest rates are on the rise. Some borrowers think ARMs are the best way to save money on their mortgage in a higher rate climate. ARM loans can also be helpful for those who do not pla
Jan 23, 2019 | Adjustable Rate Mortgages Interest Rates
Homeownership Tied to Financial Well-Being Older American homeowners have a greater degree of financial well-being than those who do not own a home, while lower housing costs are also correlated to more positive financial we
Jan 17, 2019 |