What Mortgage Rate Can I Get With My Credit Score?
A reader recently asked, “What mortgage rate can I get with my credit score?” So I figured I’d try to clear up a somewhat complex… Read More »What Mortgage Rate Can I Get With My Credit Score?
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.
Why Are Refinance Rates Higher? It All Has to Do With Risk
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,… Read More »Why Are Refinance Rates Higher? It All Has to Do With Risk
Do Mortgage Payments Increase? Here Are 4 Ways They Can Get More Expensive
Mortgage Q&A: “Do mortgage payments increase?” While this sounds like a no-brainer question, it’s actually a little more complicated than it appears. You see, there… Read More »Do Mortgage Payments Increase? Here Are 4 Ways They Can Get More Expensive
Does the Fed Control Mortgage Rates?
Mortgage Q&A: “Does the Fed control mortgage rates?” With all the recent hubbub concerning mortgage rates, and the Fed, you might be wondering how it… Read More »Does the Fed Control Mortgage Rates?
Why Won’t Home Builders Lower Prices If Mortgage Rates Are Way Higher?
Lately, mortgage rates have surged higher, climbing from as low as 2% to over 8% in some cases. Despite this, home builders have been enjoying… Read More »Why Won’t Home Builders Lower Prices If Mortgage Rates Are Way Higher?
The Power of Extra Mortgage Payments
Mortgages can be viewed very differently. Some see them as a positive financial instrument, a way to free up their money so it can be… Read More »The Power of Extra Mortgage Payments
What Is a Mortgage Loan Servicer? The Company That Collects Your Payments
Perhaps one of the most confusing aspects of getting a mortgage is knowing who you actually pay once the thing funds. And to that end,… Read More »What Is a Mortgage Loan Servicer? The Company That Collects Your Payments
The Refinance Rule of Thumb: Only Refinance Your Mortgage If…
How Much Lower Should Mortgage Rates Be to Refinance? Unfortunately there is no one-size-fits-all answer to this question Because no two loan scenarios (or homeowners)… Read More »The Refinance Rule of Thumb: Only Refinance Your Mortgage If…
What’s the Best Mortgage for First Time Buyers?
If you’re new to real estate and preparing to make an offer on a property, you might be wondering what mortgage is best for a… Read More »What’s the Best Mortgage for First Time Buyers?
Cash Out vs. HELOC vs. Home Equity Loan: Which Is the Best Option Right Now and Why?
It’s time for another mortgage match-up: “Cash out vs. HELOC vs. home equity loan.” Yes, this is a three-way battle, unlike the typical two-way duels… Read More »Cash Out vs. HELOC vs. Home Equity Loan: Which Is the Best Option Right Now and Why?