Mortgage Tips

Simple mortgage tips to help you better understand and prepare for the home loan process to ideally save money.

Why Adjustable-Rate Mortgages Are Bad News Right Now

Why Adjustable-Rate Mortgages Are Bad News Right Now
November 23, 2020 No Comments »

With mortgage interest rates as low as they are at the moment, you may be looking beyond fixed-rate options if you’re in the market to purchase a home or refinance an existing home loan. After all, while 30-year fixed mortgage ... Read More »

Don’t Let Your Current Lender Talk You Out of a Mortgage Refinance

Don’t Let Your Current Lender Talk You Out of a Mortgage Refinance
November 20, 2020 No Comments »

What I’ve seen and heard through the years is certain lenders not being so forthcoming with existing customers wanting to refinance their mortgage. For example, when a homeowner goes to inquire about the “awesome low rates,” their first instinct may ... Read More »

USA Mortgage Review: #1 Mortgage Lender in Missouri?

USA Mortgage Review: #1 Mortgage Lender in Missouri?
November 17, 2020 No Comments »

If you live in the USA and need a mortgage, perhaps you’ve thought about applying at “USA Mortgage.” Makes sense, right? It just so happens that USA Mortgage is located right smack in the middle of our fine country, in ... Read More »

Why Are Mortgage Rates Different?

Why Are Mortgage Rates Different?
November 17, 2020 No Comments »

Mortgage rate Q&A: “Why are mortgage rates different?” Why is the sky blue? Why are clouds white? Why won’t your neighbor trim their tree branches? These are all good questions, and ones that often puzzle even the most savvy of ... Read More »

Why Joe Biden and Kamala Harris Haven’t Paid Off Their Mortgages

Why Joe Biden and Kamala Harris Haven’t Paid Off Their Mortgages
November 11, 2020 No Comments »

You’d think presumably wealthy politicians like Joe Biden and Kamala Harris would own their homes free and clear. But that’s not the case, per their 2019 tax returns. Both individuals disclosed their returns on the JoeBiden.com website, and each paid ... Read More »

If a Mortgage Lender Reaches Out to You, Reach Out to Other Lenders

If a Mortgage Lender Reaches Out to You, Reach Out to Other Lenders
November 9, 2020 No Comments »

A lot of homeowners are looking to refinance their mortgages at the moment. That’s abundantly clear based on the record volume of refis expected this year, per the MBA. And while mortgage rates are in record low territory, thus making ... Read More »

10 Ways to Save Money on Your Next Mortgage

10 Ways to Save Money on Your Next Mortgage
November 6, 2020 No Comments »

You’ve heard the news – mortgage rates hit yet another record low this week, the 12th of 2020, and don’t appear to be going up anytime soon. While that’s up for debate, the trend is clearly your friend when it ... Read More »

An Alternative to Paying Mortgage Points

An Alternative to Paying Mortgage Points
November 5, 2020 No Comments »

If and when you take out a mortgage, you’ll be faced with an important choice. To pay or not pay mortgage points. In short, those who pay points should hypothetically secure a lower interest rate than those who do not ... Read More »

Watch Out for Low Mortgage Rates You Have to Pay For

Watch Out for Low Mortgage Rates You Have to Pay For
November 4, 2020 No Comments »

Mortgage rates keep on marching lower and lower, with new records broken seemingly every week. But with all the fervor surrounding mortgage rates, some lenders are playing the “how low can we appear to go” game. For example, mortgage lenders ... Read More »

Why Are Refinance Rates Higher?

Why Are Refinance Rates Higher?
October 30, 2020 No Comments »

Mortgage Q&A: “Why are refinance rates higher?” If you’ve been comparing mortgage rates lately in an effort to save some money on your home loan, you may have noticed that refinance rates are higher than purchase loan rates. This seems ... Read More »