If you don’t believe mortgage rates and home prices can fall together, just look at what home prices have done in the face of 7%… Read More »Mortgage Rates and Home Prices Can Fall Together
Simple guides and tips to help you better understand and prepare for the home loan process. Learn how to get a mortgage, how to refinance, and more about the many different loans programs available.
Recently, a friend of mine with an adjustable-rate mortgage told me his rate was set to adjust significantly higher. His current loan, a 7/1 ARM,… Read More »What to Do If Your Adjustable-Rate Mortgage Is About to Adjust Higher
Over the past year or so, home equity lines of credit (HELOCs) have become a lot more popular. As a quick refresher, HELOCs are typically… Read More »How to Compare HELOCs From One Lender to the Next
One interesting aspect of the home loan process is the sheer number of individuals you’ll work with along the way. You don’t just speak to… Read More »Who Are All the People Involved in the Home Loan Process?
I don’t think it would be much of a stretch to assume nobody likes high mortgage rates. They make it more difficult for prospective home… Read More »The Silver Lining of High Mortgage Rates
We all know mortgage interest rates have increased tremendously. While there were periods of relief here and there, the trajectory since early 2022 has been… Read More »One Really Simple Way to Offset a Higher Mortgage Rate
It’s been a rough month or so for mortgage rates. If we zoom out even further, it’s been a horrendous 18 months, with the 30-year… Read More »What Will It Take for Mortgage Rates to Fall Again?
With 30-year mortgage rates now above 7%, a refinance likely isn’t in the cards for most homeowners. In fact, the total number of refinance candidates… Read More »Options Other Than Refinancing Your Mortgage