Posts Tagged ‘mortgage market’

Increasingly, buyers are opting for newly built homes. While the choice often comes with modern features, energy efficiency, and less maintenance, there’s another reason, value. In today’s market, builders are

Mortgage insurance lower risk for lenders and helps borrowers qualify for loans. If you’re buying a home, there are essentials you should know.

Why Mortgage Insurance Exists

Mortgage insurance protects the lender.

Rates have fallen recently, giving prospective homebuyers an extra incentive to purchase homes. But is now the right time for you? Let’s consider how the rate change has impacted the

If you’re planning to buy a home or refinance your current one, choosing between a fixed-rate mortgage and an adjustable-rate mortgage (ARM) is an important decision. Let’s consider the key

That answer depends on how you answer other questions. Let’s examine how those answers can help you find the mortgage program that’s best for you.

How much house can you afford?

This

Staying current with mortgage refinancing is a smart financial habit. As interest rates and economic conditions fluctuate, keeping an eye on the market can help you make money-saving decisions.

Keep Your

Homeowners can reap significant financial rewards by paying off their mortgages early. Let’s consider the most effective prepayment strategies.

Lump-Sum Prepayments

Unlike monthly payments, one-time lump-sum prepayments go straight toward reducing a

If you’re in the market for a home this year, you’ll want to keep your eye on a few things: mortgage rates, home prices, and home availability. Let’s see what

A borrower’s credit score often plays a significant role in determining loan type, amount, and terms. Here’s what you need to know.

Minimum Credit Scores

How low can a credit score go

Economists for the National Association of Realtors (NAR) recently gathered in Boston to talk about the future of the residential real estate market. Let’s look at the top-line takeaways.

Lower Mortgage