Mortgage News

Believe it or not, almost 80% of first-time homebuyers qualify for down payment assistance, but only 13% actually use it. And if you’re hoping to buy a home, this is a mission-critical gap to close – fast (see graph below): Here’s what you need to know to make the most of your down payment in today’s housing […]

By now, you’ve probably heard about the news: the Federal Reserve recently cut interest rates for the first time in four years.  But what does that really mean for home buyers and sellers? You might be wondering how this impacts mortgage rates, home prices, or your ability to make a move in today’s market. Understanding […]

If you’re thinking about buying or selling a home, you’ve probably got mortgage rates on your mind. That’s because you’ve likely heard that mortgage rates impact how much you can afford in your monthly mortgage payment, and you want to factor that into your planning. Here’s what you need to know. What’s Happening with Mortgage Rates? Mortgage rates have […]

When shopping for a mortgage, here are some key factors to consider: 1. Interest Rate: Compare interest rates from different lenders. A lower rate can save you money over the life of the loan. 2. Loan Type: Decide between fixed-rate and adjustable-rate mortgages (ARMs). Fixed-rate offers stability, while ARMs may have lower initial rates but […]