30-Year Fixed Mortgage Up Slightly
Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on…
Home Loans
30-Year Fixed Mortgage Rate Drops to New Record Low For Third Consecutive Week
Mortgage rates for 30-year fixed mortgages fell this week, with the current rate borrowers were quoted on…
30-Year Fixed Mortgage Rate Rises After Falling to All-Time Low Last Week
Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on…
30-Year Fixed Mortgage Rate Remains at Historic Lows
Mortgage rates for 30-year fixed mortgages rose this week, with the current rate borrowers were quoted on…
Is Getting Pre-approved for a Home Loan the Same as Pre-qualifying?
When you want to make an offer on a house, chances are the seller will want to know whether you’re pre-approved or pre-qualified for a loan. What difference does it make? It depends on you who ask. We’ll explain. What’s the difference? Many say that pre-qualification is the preliminary step in the mortgage process, where a […]
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How to Find and Work Effectively With a Lender
As a home buyer, you’ll be shopping for more than a house. You’ll also be shopping for a mortgage. Finding the right lender can save you money and stress, but first you have to know what you’re looking for – and how to find it. Who’s going to loan you this money? There are three […]
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What Is Escrow and How Does It Work?
No matter where you’re buying a home, at some point you’re going to find yourself deep in escrow. (Don’t worry. It’s not as bad as it sounds.)Â What is escrow? In real estate, it has several meanings, but they all boil down to your house and your money being in a kind of limbo. Escrow is […]
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What Type of Mortgage Is Best for You?
Just as homes come in different styles and price ranges, so do the ways you can finance them. While it may be easy to tell if you prefer a rambler to a split-level or a craftsman to a colonial, figuring out what kind of mortgage works best for you requires a little more research. There […]
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FHA and VA Loans Might Put Ownership in Reach
Buying a home might be a pretty conventional act, but financing one doesn’t have to be. Loans backed by federal agencies can be a big help if you’re low on cash or your credit score isn’t where you or a conventional lender would like it to be. There’s even a loan that can help you buy a […]
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What Can Go Wrong on Closing Day â and How to Prevent It
Some surprises are great. An unexpected bonus or a hotel upgrade can make your day. But when it comes to closing on a home, a surprise is almost never a good thing. Paperwork tedium will give way to terror if there’s an unexpected delay in financing or error in a title document. But you can […]
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