On your path to homeownership, you may be unsure when it makes the most financial sense to take the plunge. Monthly mortgage payments can sometimes be more expensive than rent prices, and there are additional costs associated with owning a home. While tha
Sep 29, 2022 | Purchasing a Home
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 can do to save themselves big time when it comes to mo
Sep 27, 2022 | Credit
Here are the weekly rates as of September 23, 2022: 30 Year Fixed Conforming: 6.375% (6.470% APR) 15 Year Fixed Conforming: 5.750% (5.926% APR) 7/6 Jumbo ARM: 6.000% (5.289% APR) 30 Year Fixed Jumbo: 5.875% (6.021% APR) For the rate sheet PDF, click
Sep 24, 2022 | Interest Rates Fixed Rate Mortgages Adjustable Rate Mortgages Jumbo Loans Mortgages
LTV Defined The loan-to-value ratio is the comparison of the mortgage balance to the market value of the home. It is calculated by dividing your loan amount by the value of the property you currently own or the one you want to buy. For example, you want t
Sep 22, 2022 | Purchasing a Home
It's no secret that mortgage interest rates have risen this year. Rates have risen almost four percentage points in less than a year. That kind of rate increase can be stressful for home buyers? But what about home sellers? How do increasing rates affect
Sep 20, 2022 | Interest Rates
Here are the weekly rates as of September 16, 2022: 30 Year Fixed Conforming: 5.920% (6.023% APR) 15 Year Fixed Conforming: 5.375% (5.527% APR) 7/6 Jumbo ARM: 5.625% (5.076% APR) 30 Year Fixed Jumbo: 5.750% (5.894% APR) For the rate sheet PDF, click
Sep 18, 2022 | Interest Rates Fixed Rate Mortgages Adjustable Rate Mortgages Jumbo Loans Mortgage