Tag: Mortgage

Posted on 12/31/2023

The basics: Recasting mortgage payments 101

Recasting mortgage payments is a little-known gem when it...

Home Financing

Home Refinancing

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Posted on 10/15/2023

Quick basics of mortgage points

Mortgage points can be a confusing topic, especially if...

Homebuyer

Homeowner

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Posted on 05/09/2021

The Lowdown on Low Down Payment Loans

Photo by Gustavo Frazao via Shutterstock Whether you’ve been saving up for a while or you’re just getting started, getting into a home might be easier than you think. If you’re looking to buy a home, but you just aren’t sure about tying all your savings into a house, check out the various loan options with low down...

FHA

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Posted on 04/25/2021

Points: How They Benefit You

Photo by Precondo via Pixabay Some mortgage companies offer loans with points. In a nutshell, paying points means paying down the interest rate. One point is equal to 1 percent of the mortgage amount. On a $200,000 mortgage, one point is $2,000. The percentage the interest rate lowers depends on the mortgage company and the market. For example,...

Downpayment

Mortgage

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Posted on 09/27/2020

How 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...

Mortgage

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Posted on 01/05/2020

Why It's Critical to Shop for Mortgage Rates

Photo by Nattanan Kanchanaprat via Pixabay Of course, you want to stay within your budget when buying a house. You certainly want value for your dollar. But a buyer should never lose sight of the fact what they truly desire is getting the home they want and that fits their needs. To that end, potential buyers may put...

Mortgage

Mortgage Rates

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