Posts Tagged ‘mortgage news’

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

About 80% of U.S. mortgage holders have an escrow account. However, these accounts are one of the least understood aspects of home financing. Let’s look at what an escrow account

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

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

With the talk of interest rates dropping, lots of homeowners are thinking about refinancing. Let’s look at the logistics of refinancing and how it might work for you.

Refinancing 101

When you

The Federal Reserve recently made big news by lowering the federal funds rate for the first time in four years. This move will probably prompt lower mortgage rates, making now

The National Association of Realtors’ (NAR) Chief Economist Lawrence Yun says, “In the second half of 2024, look for moderately lower mortgage rates, higher home sales, and stabilizing home prices.”

Let’s break out our crystal ball and see where the real estate market is headed over the coming year.

Expect Some Relief with Rates

Nobody is predicting the eye-poppingly low-interest rates of