Category Archives: mortgage

What Do Rates Mean to Me?

Not all interest rates mean the same to everyone. When looking at rates it’s important to view them from more than one perspective. First historically: Are rates higher than they were 15 days ago? At the moment, yes. Second: Are rates … Continue reading

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An Update To The Rate Market For You

Rates continued to climb precipitously last week. At week’s end, and again over the weekend, the Federal Reserve stepped in to say that they would buy mortgage-backed securities, which allows investors to get some of these loans off their books, … Continue reading

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Mortgage Rates Reaching All-Time Lows Amid Coronavirus Fears

The novel coronavirus (COVID-19) pandemic is taking the stock market on a wild ride and causing industries like travel to bleed red ink. But the recent coronavirus-induced economic uncertainty benefits some groups of people, including present and prospective homeowners. On … Continue reading

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Do Biweekly Mortgage Payments Make Sense For You?

As anyone on the housing market knows, mortgages come in all different shapes and sizes. There are fixed and variable choices, differing mortgage rates, and a whole lot for homeowners to consider. And, just when you thought you had gotten … Continue reading

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Understanding The Different Types Of Mortgages

Buying a home is arguably the most important purchase that you’ll ever make, which is why it’s important to make the right decision. Given the high costs of a housing purchase, the odds are that you will need to take … Continue reading

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Why Mortgage Rates Go Up or Down

  When you look at the current mortgage rates, you will see a range of different interest rates from different lenders and banks. If you keep looking at those rates over a length of time, you might notice that, despite … Continue reading

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What Does 25 Percent PMI Coverage Actually Mean

Question?   What does 25 percent PMI coverage actually mean Answer:  25 percent coverage actually means that the MI company will pay out 25 percent of the loan amount and total expenses to the lender when a property goes into foreclosure … Continue reading

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How Do VA Loans Work

The Veteran Loans, or VA loans, lending program is an incredibly useful tool if you have a military background or are the spouse of someone who has been in service. Tens of millions of service members have been able to … Continue reading

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Five Predictions for the 2017 Mortgage Loan Market

Near record-low mortgage rates makes now a great time to purchase a home, but the mortgage market can turn on a dime, and pressure on the Fed to raise rates and the incoming Trump administration are throwing some variables into … Continue reading

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10 Reasons The Amish Are Right About Mortgages

Financial savvy is hardly the first thing that most of us think about when we think of the Amish. Known for their rejection of technology and their simple, down-to-earth lifestyle, many may find it hard to believe that their philosophy … Continue reading

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