Higher (and lower) Fees on The Horizon for Conventional Mortgage Loans
On 1/19/2023, the FHFA announced that higher (and lower) fees are on the way for conventional mortgage loans guaranteed by ...
Current Mortgage Rate Trends for October 2022
RATES AND POINTS IN OUR CURRENT MARKET Lenders typically adjust their rate sheet offerings every day. In fact, it’s extremely ...
Acceptable Sources for your Down Payment and Closing Costs
When applying for a mortgage loan, there are certain funds that are acceptable and not acceptable to use in a ...
Gross Income vs Net Income
The Difference Between Gross and Net Income for Mortgage Borrowers If you’re looking into applying for a mortgage, it is ...
30-Year Mortgage Rates at Near-Record Lows
Are you considering purchasing a home or refinancing? If so, now is the time to act. Comparatively speaking, mortgage rates ...
5 Reasons to Refinance Your Mortgage
There are many great reasons to refinance an existing mortgage. Mortgage interest has historically been treated differently than all other ...
5 Tips On What NOT To Do Before Applying For A Mortgage
As a general rule, if you’re looking to apply for a mortgage, you’ve probably never been through the mortgage process ...
What are “Closing Costs”?
What are closing costs? That’s a question most first-time home buyers ask. Many repeat buyers do, too. Many home buyers ...
It’s a Good Time to be a First-Time Home Buyer
Despite some challenges and market slowdown, first-time homebuyers had a successful year last year. According to the Genworth Mortgage Insurance ...
