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
Everything you’ve ever wanted to know about refinancing a mortgage, which is essentially replacing your dusty old home loan with a brand new shiny one.
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
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
Typically, borrowers refinance their home loans to take advantage of lower mortgage rates. But recently, the average refinance has resulted in an interest rate 2.4%… Read More »94% of Homeowners Who Refinanced Recently Raised Their Mortgage Rate a Lot in the Process
These days, mortgage rates aren’t as cheap as they used to be. And that is the understatement of the century. The 30-year fixed is currently… Read More »Is It Worth Using a Mortgage Lender Now for the Promise of Waived Fees in the Future?
Mortgage Q&A: “What is a lender credit?” If you’ve been shopping mortgage rates, whether for a new home purchase or a refinance, you’ve likely come… Read More »Lender Credits: The Opposite of Paying Points on Your Mortgage
While most homeowners probably don’t have a refinance on their radar (due to the big jump in interest rates), take note that fees for cash… Read More »Cash Out Refinance Fees Are Going Up in Early 2023
Direct lender loanDepot has launched a so-called “Digital HELOC” to help homeowners tap into their massive amounts of home equity. The Southern California-based company cited… Read More »loanDepot Digital HELOC Launched: Paperless Process and Funding in as Little as 7 Days
Just about everyone with a home loan ponders the idea of paying a little extra, whether it’s via biweekly mortgage payments, or just once a… Read More »Paying Extra Today Won’t Lower Your Future Monthly Mortgage Payments