Conventional Mortgage Loan – What It Is & Different Types for Your Home
A conventional loan is any mortgage loan not issued or guaranteed by the FHA, VA, or USDA. Learn more about these loans here.
home loan
How Rising Inflation Affects Mortgage Interest Rates
While the inflation rate doesn’t directly impact mortgage rates, the two tend to move in tandem. Rising inflation can shrink purchasing power as prices of goods and services increase. Higher prices can then influence the Federal Reserve’s interest rate policy, affecting the cost of borrowing for lending products like mortgages. Homebuyers looking for a home […]
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When Should You Lock in a Mortgage Interest Rate?
When exactly should you lock in your mortgage rate? Learn when it makes sense to lock your mortgage rate and your options for doing so.
SoFi Relay Review – Free Financial App With Credit Insights
SoFi Relay Credit Insights is a free financial app and budgeting tool that helps you track your spending and much more. Learn about it here.
Buying a Home in a Sellerâs Market With a Low Down Payment
It has been difficult lately to buy a home with a small down payment, considering that the average home price rose by 17% in 2021, and cash offers and bidding wars remain a thing. But buying a house with a low down payment is possible. Lenders are willing to approve low-down-payment mortgages if you qualify […]
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How To Save For a House: 10 Tips To Afford Your Down Payment
Start now and save smart to get your down payment.
The post How To Save For a House: 10 Tips To Afford Your Down Payment appeared first on The Rent.com Blog : A Renterâs Guide for Tips & Advice.
Assumable Mortgages: A Little Known Tool You Can Use Now That Interest Rates Have Surged Higher
Everyone knows mortgage rates are no longer super cheap. The popular 30-year fixed was in the 2% range just last year and today is closer to 5.5%. And it’s possible mortgage rates could move higher before they move lower, though they could be close to peaking. For existing homeowners, this has created a strange dynamic… Read More »Assumable Mortgages: A Little Known Tool You Can Use Now That Interest Rates Have Surged Higher
The post Assumable Mortgages: A Little Known Tool You Can Use Now That Interest Rates Have Surged Higher appeared first on The Truth About Mortgage.
A Guide to the VA Home Loan for 2022
VA home loans are popular for their low interest rates and 0% down option. But thereâs one expense you may not have heard about.
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Paying Off a Mortgage in 5 Years: What You Need to Know
Paying off your mortgage ahead of time might sound like an incredibly savvy thing to do â and in some cases, it is. But itâs not the right money move for everyone. Pay off a mortgage in five years? Itâs an aggressive strategy that may or may not be the smartest choice. Benefits and Risks […]
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How to Find a Contractor for Home Renovations & Remodeling
Youâre ready to make home improvements. When looking for a trustworthy pro, itâs a good idea to get referrals, check references, get bids, and nail down your financing. Letâs drill down to the details on how to find a good contractor for remodeling and what you need to ask as you move through the process. […]
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