Home Mortgage Rates by Decade [INFOGRAPHIC] Some Highlights Mortgage interest rates have dropped considerably over the past year, and compared to what we’ve seen in recent decades, it’s a great time to buy a home.Locking in a low rate today could save you thousands of dollars over the lifetime of your home loan, but these low rates may not last forever.If you’re in a position to buy a Continue Reading about Home Mortgage Rates by Decade
Mortgages
Do I Really Need a 20% Down Payment to Buy a Home?
Do I Really Need a 20% Down Payment to Buy a Home? Is the idea of saving for a down payment holding you back from buying a home right now? You may be eager to take advantage of today’s low mortgage rates, but the thought of needing a large down payment might make you want to pump the brakes. Today, there’s still a common myth that you have to come up with 20% of the total sale Continue Reading about Do I Really Need a 20% Down Payment to Buy a Home?
Should I Wait for Lower Mortgage Interest Rates?
Historically low mortgage rates are a big motivator for homebuyers right now. In 2020 alone, rates hit new record-lows 16 times, and the trend continued into the early part of this year. Many hopeful homebuyers are now wondering if they should put their plans on hold and wait for the lowest rates imaginable. However, the reality is, acting sooner rather than later may be the actual win if you’re Continue Reading about Should I Wait for Lower Mortgage Interest Rates?
The Do’s and Dont’s after Applying for a Mortgage
The Do’s and Dont's after Applying for a Mortgage Once you’ve found the right home and start applying for a mortgage, there are some key things to keep in mind before you close. You're undoubtedly excited about the opportunity to decorate your new place, but before you make any large purchases, move your money around, or make any major life changes, consult your lender – someone who is Continue Reading about The Do’s and Dont’s after Applying for a Mortgage
2021 Housing Forecast [INFOGRAPHIC]
Some Highlights Experts project an optimistic year for the 2021 housing market.With mortgage rates forecasted to remain low, high buyer demand is expected to fuel more home sales and continue to increase home prices.Let’s connect today to determine how to make your best move in the new year. Continue Reading about 2021 Housing Forecast [INFOGRAPHIC]
The Low-Down on Mortgages
What is a Mortgage? A Mortgage is a legal agreement by which a bank or other creditor lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of debt. So, what does that mean exactly? Essentially, you (the debtor) can borrow money from a bank or creditor in order to buy a house. You pay back Continue Reading about The Low-Down on Mortgages
