What are VA loan points, and should I buy them? These are important questions for homebuyers because they affect upfront and long-term borrowing costs. Whether you should buy points depends […]
The post Blog first appeared on MilitaryVALoan.com.
When youâre buying a house, there seems to be an endless number of decisions you need to make. One thing you may be hearing about for the first time are mortgage points. Touted as a way to lower your mortgage rate, should you buy them, what are mortgage points and can they save you money? […]
The post What Are Discount Points and Lender Credits? appeared first on The Simple Dollar.
It might be wise to lean toward paying mortgage discount points to reduce the interest rate. Here’s how to make a decision that fits your circumstances.
You may have heard how mortgages come with âpointsâ â a polite synonym for fees or premiums â your lender charges for loan origination or refinancing. Sound familiar? Why would you want points? Well, when you buy a point or two along with your mortgage, you get a lower interest rate and lower monthly payments. […]
The post What are Mortgage Points (and should you buy them)? appeared first on Good Financial Cents®.
Today weâll take a deep dive into âHomeLend Mortgage,â a company that refers to itself as a âtop-tier lender specializing in digital mortgages.â They pride themselves on their decades of experience coupled with their use of the latest, superior technology. This allows them to close loans a full three weeks faster than the industry average,… Read More »HomeLend Mortgage Review: More Tech, Less Stress, and No Lender Fees?
The post HomeLend Mortgage Review: More Tech, Less Stress, and No Lender Fees? appeared first on The Truth About Mortgage.
While nonbanks dominate the mortgage space these days, there are still some depositories out there originating a lot of home loans, including Northpointe Bank. The Michigan-based bank offers an absolute ton of different loan programs, probably more than most companies that only offer mortgages. And they embrace the latest technology too, meaning you can apply… Read More »Northpointe Bank Mortgage Review: A Massive Menu of Loan Programs to Fit Your Specific Needs
The post Northpointe Bank Mortgage Review: A Massive Menu of Loan Programs to Fit Your Specific Needs appeared first on The Truth About Mortgage.
When you are house hunting, choosing the right mortgage lender can be just as important as finding your dream home. While some aspects of the home buying process are standard, there are nuances surrounding mortgage products and the terms that accompany them, so choosing the right mortgage lender to help you navigate this terrain is… View Article
The post How to Choose a Mortgage Lender first appeared on Total Mortgage.
While researching a magazine article on âraising money-smart kids,â I felt sorry for parents and terribly worried about their children. (Also greatly relieved that I am not raising kids today.)
The article, for Consumers Digest, ran to a few thousand words. Short form: Our children face serious money temptations and pressures, and generally receive very little useful info either from parents or schools.
They also face consequences more serious than their parents ever did. We’re not talking about a few bounced checks or some other financial oopsie that you remember from your own early adulthood. An 18-year-old without sufficient financial savvy could within five years find himself:
Because of the volatility in the housing market and economy, you may be thinking if now is the best time to buy a house or whether it’s better to wait until 2023. However, if you’ve been waiting for your ducks to line up, it may be a tough choice. How Rising Mortgage Rates Are Affecting… View Article
The post Rising Mortgage Rates: Should I Buy a House Now or Wait Until 2023? first appeared on Total Mortgage.
If youâve been awake at any time over the past few weeks, you may have noticed that mortgage rates arenât as low as they once were. What gives? Well, one downside to a strong economy is higher inflation expectations, and that has sent the 10-year bond yield surging to its highest level in four years.… Read More »How Lenders Are Still Able to Offer Low Mortgage Rates Despite the Recent Uptick
The post How Lenders Are Still Able to Offer Low Mortgage Rates Despite the Recent Uptick appeared first on The Truth About Mortgage.