Homeowners deserve every financial break they can get their hands on amid today’s trying economic times. After all, the average mortgage borrower pays out a hefty percentage of their income on housing expenses and loan payments that include large amounts of interest. Read More
Your mortgage is likely to be the largest loan you have in your life. As a result, it makes sense to consider the interest you pay. Because your interest rate is based on the size of your mortgage, the smaller the rate, the less you pay over all. Read More
Your mortgage rate is a big deal. Since a mortgage is such a large loan, and since the term spans decades, a 1% difference in your mortgage rate can mean a savings of tens of thousands of dollars over time. Getting the best mortgage rate when you buy a home is a must if you want to maximize your finances. Read More
With home prices stabilizing and housing becoming more attractive nationwide, renters may be questioning whether or not now is the time to buy. Read More
What are Mortgage Points?
When it comes to mortgages, a point is a very simple calculation. It is precisely 1% of the value of the amount mortgaged. Read More