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Temporary Rate Buydown vs Permanent Buydown, a Deeper Look

Temporary Rate Buydown vs Permanent Buydown, a Deeper Look

Although temporary rate buydowns have been around for a very long time, they appear to be re-emerging. Seller-paid temporary buydowns, specifically, are currently receiving much of the spotlight. Let’s look at temporary rate buydowns and the math behind t

Oct 30, 2022 | Purchasing a Home Conventional Loans Buydown

Should I Refinance My ARM Loan to a Fixed-Rate Mortgage?

Should I Refinance My ARM Loan to a Fixed-Rate Mortgage?

Long-term mortgage interest rates have more than doubled in the past year and hit 14-year highs as of September 2022. If you bought a home in recent years with an adjustable-rate mortgage (ARM), it probably made a lot of sense at the time and helped you s

Oct 25, 2022 | Interest Rates

What The Latest Fed Rate Hike Means for Mortgages

What The Latest Fed Rate Hike Means for Mortgages

The Federal Reserve’s September interest rate hike marks the fifth straight increase in 2022. What does that mean for the mortgage world? Fed Rate Hikes The Federal Reserve is in charge of maintaining a healthy level of inflation and employment in the U.S

Oct 18, 2022 | Interest Rates

HUD Homes - Another Option for Buyers and Investors

HUD Homes - Another Option for Buyers and Investors

In today’s competitive housing market, it is smart to look at all the possible avenues for becoming a homeowner. Especially if you are a first-time buyer or have less-than-perfect credit, it can be difficult to break into the market. One option you could

Oct 11, 2022 | Purchasing a Home

Fast Loan Process Like High-quality race

Fast Loan Process Like High-quality race

A fast and clean loan process is like a high-quality race. From perfect start, to perfect run or swim, to perfect finish. A small error at any point can mess up the entire race by causing an unfortunate chain of events. Loan process, to be done right, req

Oct 06, 2022 | Purchasing a Home First-time Homebuyers Mortgages

What Tax Deductions are Available to Homeowners?

What Tax Deductions are Available to Homeowners?

If you are interested in becoming a homeowner, you may want to know how buying a home will affect your annual taxes. There used to be a lot of talk about homeownership tax deductions, so will your taxes go down after buying a house? Here’s the scoop: Afte

Oct 04, 2022 | Purchasing a Home

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