Tag: Mortgage

Posted on 11/18/2024
What is APR? Mortgage terms explained
When searching for a mortgage, many homeowners might...
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Posted on 02/13/2023
Understanding the fixed rate mortgage definition
To choose the right mortgage loan, it’s important to...
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Posted on 07/11/2022
The basics: Recasting mortgage payments 101
Recasting mortgage payments is a little-known gem when it comes to homeowner finances. It’s often viewed as a method to lower monthly payments without extending the length of your loan term. But what exactly is mortgage recasting? Are there any disadvantages to it? What about my interest rates? Will my overall loan balance increase or decrease? Here’s a...
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Posted on 01/25/2021
Should Interest Rates Influence When You Buy?
Photo by Doubletree Studio via Shutterstock Interest rates rise in correlation to inflation and other economic activity. When that happens, it can increase housing costs. But the question is, should it prompt you to buy sooner than you’re ready? The Right Time Is Now In real estate, the right time is always now for someone. Is it the...
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Posted on 03/23/2020
How to Gain Preapproval
Photo by Pixabay via Pexels Thinking of buying a home in the near future? You're going to need a preapproval. This tells real estate agents that you're serious about the home-buying process, and it alerts sellers that you're a solid, low-risk candidate. Preapprovals aren't always easy to score, however. And if you're someone who's had a few credit...
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