Blog
Latest Articles
Mortgage rates, information on mortgages,
real estate, and more!
How Mortgages Compare To Other Loans
Planning to buy a home, finance a car, or cover unexpected expenses? Many loan options exist to help you achieve your financial goals, but choosing the right one can be challenging.
What Are Your Options When Funding Your Down Payment?
Buying a home is a big milestone, and for many, saving for a down payment can feel like a major hurdle. Fortunately, there are several ways to make that down payment happen. Whether through savings, family gifts, 401(k) funds, or even second mortgages, understanding your options is key to making the best financial choice.
Understanding an Appraisal Contingency in Your Home Purchase
When buying a home, you have the option to include contingencies in your purchase contract. These protect you by setting certain conditions that must be met for the contract to remain valid. If any contingency isn’t satisfied, you can back out of the sale without penalty.
Understanding “Cash to Close” in Your Home Buying Journey
If you’ve received your Closing Disclosure from your lender, congratulations! You’re almost at the finish line of your home buying journey, ready to celebrate with keys in hand.
What’s Ahead For Mortgage Rates This Week – November 4th, 2024
This week, the Federal Reserve’s preferred inflation data was released, and the results met expectations. This, along with recent GDP estimates, employment reports, and personal income/spending figures, paints a stable economic picture. It suggests that we may be on track for the Federal Reserve’s next round of rate cuts. The Federal Reserve has consistently stated its 2% inflation target and current figures show inflation at 2.1%. This indicates that a ‘soft landing’ for the economy could be within reach.
Can You Refinance a Reverse Mortgage Loan?
If you have a reverse mortgage loan, you might be curious about your options for refinancing. The good news is that yes, you can refinance a reverse mortgage, and doing so may offer several benefits depending on your unique financial situation.