Category: Mortgages

12 May

Working with a Mortgage Broker

Facts Behind Using a Mortgage Broker Since the real estate crash of 2008, mortgage brokers are under close scrutiny by the Consumer Finance Protection Bureau for the information they give potential borrowers. Although the majority of brokers try to quote the best rate for consumers, some in the industry feel brokers do not have the […]

12 May

Refinancing Your Mortgage

Refinancing a Mortgage to Lower Interest Rates When securing a mortgage, basing long-term financial planning on current interest rates can often be short sighted. Refinancing to take advantage of future interest rates that may be more favorable can help to reduce future expenses and ensure that home and property owners are less likely to incur […]

12 May

Mortgage Loans

Knowing Your Options When Applying for a Mortgage Loan When applying for a mortgage, is a loan with a fixed or variable rate better for you? The answer to that question depends on your credit situation and how long you may own the home for. You will also need to know more about how much […]

12 May

Mortgage Affordability Calculators

Know Where You Stand with a Mortgage Affordability Calculator For those who are looking to buy a new home in the near future, the first thing that you need to do is run a mortgage affordability calculator simulation. These new calculators are now available to you at most banking locations, and they will provide you […]

11 May

Mortgages

The Facts Behind a Mortgage Many consumers often believe they understand the basics behind mortgages but sometimes neglect to truthfully ask themselves, “what is a mortgage and how does a mortgage work”? The industry lists the term ‘mortgage’ in many different ways, but there is only one true definition. Regardless of the amount of variations […]