Tag archive for ‘mortgage’
By Admin On Wednesday, June 14th, 2017

Fixed-Rate vs. Adjustable-Rate Home Mortgage: Which Works for You?

Mortgages are often confusing for a first-time homebuyer, as there are many factors to consider. Among this is whether you’re supposed to get a home mortgage with a fixed rate — often called a "vanilla More...

By Admin On Tuesday, November 8th, 2016

What is PMI and Do You Have to Pay It?

When you buy a home and make a down payment of less than 20%, a lender will require you to purchase PMI or private mortgage insurance. This is done to insure loss from a loan default provided to lenders by an insurance More...

By Admin On Thursday, January 28th, 2016

Choosing Between a Bank and a Mortgage Broker

A few decades ago, the majority of homebuyers got their loans through local banks or credit unions. But there are multiple financing options on the market today, and this can make things complicated for new buyers. Mortgage More...

Mortgage application
By Admin On Tuesday, August 25th, 2015

When Prepaying Your Mortgage Makes Perfect Sense

Everyone who has a mortgage has their own way of counting down the months or even years until they finally pay off all they owe and own their home clear and free. But what if you can prepay your loan? Would you More...