Why Are Mortgage Rates Going Up So Fast?
Gone are the days of sub-3% 30-year fixed mortgage rates. Heck, even 4% 30-year fixed mortgage rates are a thing of the past, despite being… Read More »Why Are Mortgage Rates Going Up So Fast?
April 2022
Highlands Residential Mortgage Review: On a Mission to Become the World’s Most Respected Mortgage Brand
Today we’ll check out “Highlands Residential Mortgage,” a Texas-based mortgage lender that’s on a mission. Their assignment? To be the world’s most respected mortgage brand,… Read More »Highlands Residential Mortgage Review: On a Mission to Become the World’s Most Respected Mortgage Brand
Assumable Mortgages: A Little Known Tool You Can Use Now That Interest Rates Have Surged Higher
It’s time to talk about assumable mortgages. Everyone knows mortgage rates are no longer super cheap. The popular 30-year fixed was in the 2% range… Read More »Assumable Mortgages: A Little Known Tool You Can Use Now That Interest Rates Have Surged Higher
Are Home Prices Falling? The Devil Is in the Details
How’s this for a dramatic headline: “Home prices are falling!” But before you get too excited, assuming you’re a prospective home buyer, there are some… Read More »Are Home Prices Falling? The Devil Is in the Details
10-Year Mortgages vs. the 30-Year Fixed: Are They Worth the Small Discount?
It’s time for another mortgage match-up folks. Today, we’ll look at 10-year mortgages versus the 30-year fixed mortgage to see how these home loans stack… Read More »10-Year Mortgages vs. the 30-Year Fixed: Are They Worth the Small Discount?
Now That We’ve Got 5% Mortgage Rates, Is the Seller’s Market Finally Over?
We’ve got 5% mortgage rates and record high home prices. Does this mean the seller’s market is finally over? You would think so, given the… Read More »Now That We’ve Got 5% Mortgage Rates, Is the Seller’s Market Finally Over?
7/1 ARM vs. 30-Year Fixed Mortgage: Pros, Cons, and How Much Cheaper Are They?
When shopping for a mortgage, it’s very important to pick a suitable loan product for your unique situation. Lately, I’ve been discussing loan programs beyond… Read More »7/1 ARM vs. 30-Year Fixed Mortgage: Pros, Cons, and How Much Cheaper Are They?
Is an Adjustable-Rate Mortgage a Good Short-Term Strategy Until Interest Rates Cool Off?
We know mortgage rates are projected to keep rising, so what’s a cost-effective solution if you need a home loan today? Well, one idea is… Read More »Is an Adjustable-Rate Mortgage a Good Short-Term Strategy Until Interest Rates Cool Off?
Allow Me to Introduce You to the 5% Mortgage Rate
For those new to mortgages, the number five might feel a bit foreign. Over the past decade and even longer, rates on the popular 30-year… Read More »Allow Me to Introduce You to the 5% Mortgage Rate
Have Mortgage Rates Peaked?
Two weeks ago, I wrote about how mortgage rates jumped, something just about everyone is aware of. But I also attempted to quantify the actual… Read More »Have Mortgage Rates Peaked?