The most common home loan, by far, is the 30-year fixed-rate mortgage. It spreads out the principal and interest in an amortized pattern over three decades, allowing for manageable payments. It’s a go
Nov 01, 2022
Long-term mortgage interest rates have more than doubled in the past year and hit 14-year highs as of September 2022. If you bought a home in recent years with an adjustable-rate mortgage (ARM), it pr
Oct 25, 2022
The Federal Reserve’s September interest rate hike marks the fifth straight increase in 2022. What does that mean for the mortgage world?
Fed Rate Hikes
The Federal Reserve is in charge of maintaining
Oct 18, 2022
In today’s competitive housing market, it is smart to look at all the possible avenues for becoming a homeowner. Especially if you are a first-time buyer or have less-than-perfect credit, it can be di
Oct 11, 2022
If you are interested in becoming a homeowner, you may want to know how buying a home will affect your annual taxes. There used to be a lot of talk about homeownership tax deductions, so will your tax
Oct 04, 2022
As interest rates on long-term mortgages continue to rise, buying a home at today’s record-high prices can be a challenge. However, a recent study from Zillow found that there is one thing home buyers
Sep 27, 2022