Tag: Mortgage

Posted on 05/01/2024
3 Reasons to consider refinancing your mortgage
Homeowners refinance their mortgages for an assortment of...
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Posted on 12/27/2023
What is a mortgage prepayment penalty?
Mortgage lenders make money primarily through interest...
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Posted on 05/10/2023
Mortgages: Which 15-year loan is right for you?
Mortgages can be a very flustering part of the homebuying...
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Posted on 08/18/2022
30-Year mortgages: A brief guide
Most homebuyers, even those just starting their first-time homeowner journey, have learned a thing or two about 30-year mortgages. For example, some 30-year mortgages will let you pay the mortgage down earlier than 30-years, while others may fix a prepayment penalty to that plan to make up the loss in revenue from the interest rate. But what about...
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Posted on 04/28/2022
Home loans: Common repayment options for a 30-year mortgage
30-year mortgage rates are the norm among mortgage rates. Most options for monthly payments involve a fixed interest rate, while there are a few that may offer an adjustable rate mortgage for homebuyers searching for interest flexibility. However, some homeowners may want to repay their mortgage lenders faster than originally planned, while others may need more flexibility in...
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Posted on 03/03/2022
Are Land Contracts Good for Sellers?
A land contract is a type of seller financing that has many benefits both for buyer and seller. In a land contract, the seller provides credit instead of a lender or bank. The buyer makes their regular payments to the seller directly. Once the total price is paid in full, the seller gives the buyer the title to...
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Posted on 11/03/2021
What Affects Housing Prices?
Housing prices are constantly changing, which can make both buying and selling a home more complicated. While it’s difficult to predict future changes, it’s important to understand the key factors that affect the housing market and home prices. Here are the five major things that affect housing prices: Economic Change The overall health of the economy is a...
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