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Archive | Mortgage News

Notaries and the Role They Play in Your Closing Process

We’ll review the benefits of having a notary and the role they play when closing your home loan.

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How to Submit the Best Offer on Your Dream Home

Check out these tips on how to craft your best offer to increase your chances of turning a house into your home.

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Preapproval vs. Prequalification

When searching for a home, finding the right mortgage lender is one of the most important steps in the process. Getting a mortgage preapproval provides a more accurate estimate of how much house you can afford and gives you buying power when house hunting.

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Mortgage Rates Inch Higher for the Second Week in a Row

After over a month of record-low mortgage rates, we’ve seen low mortgage rates creep a little higher for two weeks in a row. Read the details in this week’s Primary Mortgage Market Survey.

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Mortgage Missteps: Changing Jobs

Changing your job while applying for a mortgage is a big mistake that’ll land you in a metaphorical mortgage morass.

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What Is Title Insurance?

Whether you know it or not, when you refinance or purchase a new home, one of the steps is to obtain a title insurance policy.

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Great Reasons to Refinance

Rates are still very low. Maybe it’s time to consider refinancing. Here are a few reasons why you should consider refinancing right away.

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Mortgage Rates Are on the Rise

Unfortunately, mortgage rates have reversed their recent trends and have risen this week according to the Primary Mortgage Market Survey. Read on to find out how much they’ve risen.

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Setting the Right Expectations for House Hunting

Are you currently looking for a new home? If you just started your house hunting journey, check out some of these tips to make the process less stressful.

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Changes Coming to FHA MIP on June 3

Changes Coming to FHA MIP on June 3

I’m usually not a fan of rushing into big decisions. But under the circumstances, I’d say hurry up! The Federal Housing Administration’s (FHA) fast-approaching changes on mortgage insurance will surely result in a heftier price tag for new home buyers and refinancers come June 3.

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