Mortgage interest rates have risen sharply in the past year, having bumped around the 3% -4% range for the last decade. After getting so accustomed to that range of rates, many borrowers are struggling with today’s level in the 6% span. However, his
Jun 13, 2023 | Interest Rates
After searching for the best mortgage lender, you might be surprised to get a letter soon after you close on your new home loan that states that your mortgage has been sold to a different company. You might wonder how that happened and if it is even allow
Jun 08, 2023 | Purchasing a Home
Inflation over the last year has been rough on the monthly budget! While the Federal Reserve is raising rates every month, it feels like your buying power is being quickly eroded. High interest rates may have scared you away from buying a home, but
Jun 07, 2023 | Purchasing a Home
In today’s world it can be easy to rack up lots of high interest debt: credit card bills, student loans, auto loans, unexpected home repairs, etc. On top of all the debts, you have suffered through pre-recession and your utility bills, food bills, g
Jun 06, 2023 | Refinancing a Home
If you are starting the homebuying process, you may have heard that you should get a mortgage pre-approval, not a prequalification. And yet, mortgage prequalification wouldn’t exist if they didn’t serve a purpose. They simply serve a different
Jun 01, 2023 | Purchasing a Home
One of the things you’ll pay for when getting a mortgage loan is an origination fee. Here’s what you need to know about origination fees and why you pay them. What Is a Mortgage Loan Origination Fee? Origination means to create, so the loan or
May 30, 2023 | Purchasing a Home