If you are purchasing a home and using a mortgage, there are many important factors. While your own financial situation is most important, mortgage interest rates also matter.
Mortgage Interest Rates: Where Do We Stand, Where are We Going? …
Mortgage lending can be highly complex, which often leads to confusion and frustration among consumers. Interest rates are a perfect example.
While many organizations advertise extremely low rates, you don’t always get these low rates, and interest advertised by companies…
It’s no secret that interest rate matters to the total affordability of your loan. Borrowers, lenders, real estate agents, lending professionals; everyone in the mortgage and real estate industry is aware that interest rates matters. But just how much does it…
Part of being a responsible and successful homeowner and borrower is understanding what goes into your mortgage. While you may not need to track the route of every single penny, it helps to understand the various components of your total monthly payment.…
It seems the real estate market is hot, and even steadily rising interest rates can’t cool it off. While there has been a slight dip in rates, the medium- and long-term numbers show that people are clamoring for homes even when the…
The 2020 election cycle has been one of the most turbulent in recent memory. No matter what happens in early November will be a year long remembered. Regardless of the outcome, many factors could change, including mortgage rates.
At San Diego…
Interest rates can have a profound impact on the overall affordability of your loan. Whether you are actively shopping for a new property, are considering a move, or want to use a mortgage loan for an investment property, you need to understand…
If you are eligible, a VA loan can be the most reliable, affordable, and convenient financing option for your home.
VA loan rates can vary depending on the purchase and the borrower. Fortunately, there are a few things you can…
The vast majority of mortgages use paystubs, as well as tax returns, to verify a potential borrower’s income. For nearly everyone, this creates a convenient way to get approved for a mortgage.
However, some borrowers need a different way to…
There are many factors that impact the total cost and monthly payments on your loan. One of the most important is the interest rate. While a single percentage point may not seem like much, over the course of a 30-year loan it…
It’s just an inescapable fact for loans on investment properties: the interest rates tend to be higher. This is simply because an investment property, for obvious reasons, has a higher chance of foreclosure than a primary residence.
While the specific…