What’s Ahead For Mortgage Rates This Week – September 18, 2023

2023-09-18T05:45:00-04:00Financial Reports|

The current 30-year fixed mortgage rate hovers around 7.51 percent, one of the highest rates seen in two decades. This is an upward jump from August, where the rates averaged at 7.18 percent. This trend is impacting potential homeowners. Meanwhile, the 15-year fixed mortgage rate stands close to 6.51 percent, mirroring August's average, which rounded off at 6.55 percent.

Home Equity Loans: Accessing the Value of Your Property

2023-07-03T10:26:16-04:00Home Mortgage Tips|

Your home is more than just a place to live—it's an asset that can be leveraged to achieve various financial goals. Home equity loans provide homeowners with a means to tap into the value they have built in their properties. In this article, we will explore the ins and outs of home equity loans, how

Understanding the Costs of Refinancing

2023-02-24T09:43:19-05:00Mortgage Tips|

Refinancing a mortgage can be a smart financial move for many homeowners. It can help lower monthly mortgage payments, reduce interest rates, and even help pay off a mortgage faster. However, refinancing is not always a cost-effective solution, and it's important to understand the costs involved to make an informed decision. In this blog, we

3 Situations When You Should Consider An ARM

2023-01-26T11:53:21-05:00Mortgage Tips|

Adjustable rate mortgages (ARMs) are a popular option for many home buyers, as they offer greater flexibility and potential savings than fixed-rate mortgages. There are certain circumstances where an ARM can be especially beneficial. In this article, we’ll explore three situations when you should consider getting an adjustable-rate mortgage. By understanding how ARMs work, you

It’s An ARM Market And We’re An ARM Lender

2022-11-10T16:18:47-05:00Home Mortgage Tips|

Like a lot of people, I never thought I would see a 7.0% rate on a 30-year fixed mortgage again. But here we are. And it appears that 7.0% is the breaking point for most borrowers. Rates have simply moved too fast and too high. The result has been a significant demand in Adjustable Mortgage

Mortgage Tools That Help In A Slower Market

2022-11-10T17:01:52-05:00Real Estate|

The real estate market has taken a big hit in the last few months, both for buyers and sellers. But another group that has been hit is real estate professionals. Following substantial hikes to the funds rate to curb inflation, mortgage rates have risen to their highest levels since 2002. At just over 7%, the

Special Construction Loan Offer For Physicians

2022-02-21T17:13:59-05:00Construction Loans|

Whether you’re looking to build your dream home or make significant repairs to a home with great bones, securing a home construction loan is key. But because these loans typically come with a requirement of 20 to 30 percent down, it’s not always an option. However, when you work with certified mortgage planner and construction

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