When it comes to home loans and mortgages, there is no one-size-fits-all option. Not only are there different types of loans, there are two primary categories of loans – conventional and those that are backed by the Federal Government or government-backed loans. In most cases, government-backed loans are easier to qualify for and have lower […]
Coping with First-Time Home Buying Stress
As a first-timer, the home buying process can be intimidating. Furthermore, the uncertainty of legal procedures that you must comply with when purchasing a home further complicates matters. Then there’s the issue of being emotional about such a huge investment. This can be overwhelming, but it can also be dangerous in that your emotions might […]
How Is Your Mortgage Affected By The Annual Percentage Rate?
When it comes to getting a home loan, it’s important to understand what your APR or annual percentage rate is and how it can affect your mortgage. This will impact the type of loan you choose and how much you’re going to spend throughout the life of the loan. That is why the cost of […]
FAQs About How the Federal Reserve and Other Factors Can Impact Your Mortgage Rates
Over the past several months, you may have heard that the Federal Reserve lowered its interest rate and that mortgage lending rates have dropped to historic lows. How are mortgage rates affected by the Fed and what other factors can interest them? These and other questions can help you determine the best time to finance […]
How Is Your Mortgage Affected By The Annual Percentage Rate?
When it comes to getting a home loan, it’s important to understand what your APR or annual percentage rate is and how it can affect your mortgage. This will impact the type of loan you choose and how much you’re going to spend throughout the life of the loan. That is why the cost of […]
