Mortgage giant Fannie Mae has some pretty strong predictions regarding the future of mortgage rates. In its most recent housing predictions, Fannie projects the average rate of interest for 2020 will get down to 3 percent… and then fall to 2.9 percent in 2021. Read More
In our society, one of the biggest financial milestones is often combined with a major life milestone. The purchase of a home is still part of the “American Dream,” and many people view a home purchase as a mark of adulthood. Read More
Chances are that your house payment makes up a big chunk of your monthly expenses. If you find yourself looking for a little extra cash flow each month, one of the solutions is to refinance your home. You could save anywhere between $100 and $500 per month, depending on your current interest rate, your new interest rate, and other factors. Read More
The home loan process is one of the most involved and complicated processes out there. And it’s no surprise: Buying a home is a major financial commitment, and a lender puts up the money and takes on the risk. Read More
