What Is the Mortgage Rate Lock-In Effect?
Those looking to buy a home, along with existing owners, may have come across the term “mortgage rate lock-in effect” lately. It’s a relatively new… Read More »What Is the Mortgage Rate Lock-In Effect?
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.
Temporary vs. Permanent Mortgage Buydowns: Which to Choose and Why
Mortgage rates aren’t so low these days. In fact, they’ve basically doubled since early 2022. While this clearly isn’t great news for aspiring home buyers… Read More »Temporary vs. Permanent Mortgage Buydowns: Which to Choose and Why
Mortgage Rate Shopping: 10 Quick Tips to Score a Better Deal on Your Home Loan
It’s time to talk mortgage rate shopping, which has become an absolute must in 2023. Simply put, you’ve got to be more proactive to get… Read More »Mortgage Rate Shopping: 10 Quick Tips to Score a Better Deal on Your Home Loan
SoFi Mortgage Review: Pricing Perks and an Online Application But No FHA or VA Loans
Today we’ll do a deep dive into SoFi, short for Social Finance, which offers mortgages, personal loans, student loan refinancing, and even a credit card.… Read More »SoFi Mortgage Review: Pricing Perks and an Online Application But No FHA or VA Loans
Top Adjustable-Rate Mortgage Lenders
With fixed-rate mortgages no longer on sale, I thought it’d be useful to take a look at the top adjustable-rate mortgage lenders nationwide. These are… Read More »Top Adjustable-Rate Mortgage Lenders
Why Do Mortgage Rates Go Down When the Fed Raises Rates?
Yesterday, the Federal Reserve raised its benchmark federal funds rate a quarter point (.25%). As a result, some may have expected consumer mortgage rates to… Read More »Why Do Mortgage Rates Go Down When the Fed Raises Rates?
Top Mortgage Lenders in Oklahoma
It’s time to check out the top mortgage lenders in Oklahoma based on closed loan volume. These are the companies that funded the largest dollar… Read More »Top Mortgage Lenders in Oklahoma
Top Mortgage Lenders in Louisiana
Today we’ll check out who the top mortgage lenders in Louisiana were based on the most recent year’s loan volume. In 2021, more than 600… Read More »Top Mortgage Lenders in Louisiana
Mortgage Rates Are Very Volatile Right Now. Here’s What to Watch For
Mortgage rates fell. Then mortgage rates rose. Then mortgage rates fell again. What the heck is going on out there? Bank runs, bank failures, no… Read More »Mortgage Rates Are Very Volatile Right Now. Here’s What to Watch For
What Happens to My Mortgage If My Bank Fails?
Mortgage Q&A: “What happens to my mortgage if my bank fails?” It’s happening again – banks are failing. The latest being Signature Bank and Silicon… Read More »What Happens to My Mortgage If My Bank Fails?