What are the Most Common Mortgage Loan Types?
Knowing what loan options are available to you enables you to choose a loan that best fits your needs. We’ll walk through the differences between the major types and categories of mortgage loans.
Buyer power shifts as affordability falters
July 15, 2022. Last month, nearly 15% of purchase agreements in the U.S. fell through before closing – a possible signal that buyers are gaining more negotiating power amid the market slowdown.
Shrinking average mortgage indicates opportunity, but not falling prices
July 8, 2022. Rates are volatile this week, heading up mid-week after dropping for two weeks in a row on the heels of some positive inflation data.
Are We Finally Catching a Break?
June 9, 2022. Mortgage rates last week dropped for the third week in a row. So the big question on homebuyers’ minds: are we finally catching a break?
It depends on where you are in the homebuying process.
What is a Mortgage? A Guide for Beginners
Getting a mortgage may seem like a complex task with many layers and steps involved. However, the first step to breaking down the process involves answering the most basic question: “What is a mortgage?” Understanding the very basics of…