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Mortgage and Real Estate Market Blog

Benefits of Homeownership

The American Dream of homeownership has long been touted as the path to financial stability and independence. While renting can certainly...

Importance of a mortgage rate lock: protecting yourself from rising rates

A mortgage rate lock is a commitment from a lender to hold a specific interest rate for a certain period of time, typically 30 to 60...

Fixed-rate vs adjustable-rate mortgages: which is right for you?

When you are considering taking out a mortgage to finance the purchase of a new home, one of the first decisions you will need to make is...

The benefits of refinancing your mortgage

Are you thinking about refinancing your mortgage? If so, now may be the perfect time to do it. Interest rates are currently near all-time...

$726,200 is The New Loan Limit for 2023

The Federal Housing Finance Agency announced that it is raising the conforming loan limits for Fannie Mae and Freddie Mac to more than...

Mortgage Rates 101

Part 1: What is a Mortgage? When people want to buy something now, but don’t have (or don’t wish to spend) the cash to buy it outright,...

All About Locking Your Mortgage Rate

At some point during the mortgage process, the contract interest rate (the one that ends up on the Promissory Note--the most official...

A Guide To First-Time Home Buyer Programs, Loans And Grants

The lure of first-time homeownership is powerful. Your focus could be building generational wealth or creating an investment to sell when...

Things Are About to Get Interesting

It's certainly already been an interesting year for financial markets--especially for housing and interest rates. But most of what's...