The Hidden Problem with FHA Loans
If you’re thinking about purchasing a property, you’ve likely sifted through available home loan options to determine what’s best. There are lots of loan types… Read More »The Hidden Problem with FHA Loans
Mortgage Tips
This was the first category I created when this website was created in 2006.
And it’s really why I launched the site to begin with. To educate prospective home buyers and existing homeowners.
Simple guides and practical mortgage tips can help you better understand and prepare for the home loan process.
Same goes for answering mortgage questions and brushing up on the latest mortgage lingo.
Sometimes home buyers focus exclusively on the real estate piece while ignoring the home loan part.
This can result in some bad decisions when it comes to getting a mortgage. Or simply overpaying because of missteps (or a lack of shopping around!).
Learn how to get a mortgage, refinance an existing loan, and discover the many different loans programs available today.
You’re not financing a TV, or a car for that matter. It’s a big purchase and it deserves a lot more time and attention.
Arm yourself with knowledge early on and you’ll likely enjoy a better outcome.
Researchers Says Don’t Wait on the Fed Rate Cut to Refinance Your Mortgage
A new paper from Yale professor Kelly Shue argues that consumers mistakenly wait to take out mortgages and other long-term loans when the Fed is… Read More »Researchers Says Don’t Wait on the Fed Rate Cut to Refinance Your Mortgage
I am Debt-Averse, But Don’t Mind Having a Mortgage
I went for a walk today and starting thinking about mortgage debt. I know, pretty lame. But that’s what apparently goes through my head when… Read More »I am Debt-Averse, But Don’t Mind Having a Mortgage
Rocket Mortgage Unveils New 2-1 Rate Buydown for Lower Income Home Buyers
In an effort to boost affordability for those most in need, Rocket Mortgage has launched a new program called “Welcome Home RateBreak.” Similar to their… Read More »Rocket Mortgage Unveils New 2-1 Rate Buydown for Lower Income Home Buyers
Can Real Estate Commissions Be Financed via the Mortgage?
You’ve probably heard about the big NAR settlement that could completely change how real estate works going forward. But if you haven’t, or are unsure… Read More »Can Real Estate Commissions Be Financed via the Mortgage?
Is It Better to Buy a Home When Mortgage Rates Are High?
Over the years, there’s been a popular argument that it’s better to buy a home when mortgage rates are high. The logic is that home… Read More »Is It Better to Buy a Home When Mortgage Rates Are High?
Will Home Prices Go Up When Interest Rates Go Down?
Well, here we are. It took longer than expected, but mortgage rates have finally strung together a decent rally after nearly three years of increases.… Read More »Will Home Prices Go Up When Interest Rates Go Down?
Beware of Inferior Mortgage Refinance Offers from Your Original Lender
In case you haven’t heard, there’s talk of a “refinance boom” as soon as 2025. Yes, you read that right. While it seemed like high… Read More »Beware of Inferior Mortgage Refinance Offers from Your Original Lender
Will Mortgage Rates Ever Go Back Down to 3% Again?
They say to never say never. But why? Because if you say it, whatever you said would never happen typically happens. Go figure. Well, speaking… Read More »Will Mortgage Rates Ever Go Back Down to 3% Again?
Can I Mortgage a House That Is Paid Off?
Mortgage Q&A: “Can I mortgage a house that is paid off?” When you own a home without any associated mortgages, it’s known as a “free… Read More »Can I Mortgage a House That Is Paid Off?