An insightful look at the importance of finding a great mortgage lender. Author, Kevin Lisota discusses the reasons he and his team see on a regular basis for delayed closings – almost all relating to the mortgage process.
View up-to-date mortgage rate averages in your area. Enter your zip code to see today’s rates with percent changes from last week. Includes 30-year fixed, 15-year fixed and 30-year fixed jumbo mortgages.
You’re sure to have heard that you need a 20% down payment before you can consider buying a house. However, Shashank Shekhar from The Mortgage Reports, explains that this is not necessarily true.
If you will take on a mortgage to pay for your new home, check your credit score immediately. This number determines how much money you can borrow and the interest rate you will pay for it.
To refinance your mortgage means to replace your current loan with a mortgage that offers better terms. In addition to saving money, you will benefit from a refinance in these ways.
When buying a new house, one of the most important factors is the interest rate. This number could save or cost you thousands of dollars over the course of a mortgage.