15 Year Mortgage Rates
All mortgage rates have dropped to new lows. People who have 30 year mortgages at around six percent are wondering if they might benefit from refinancing. Maybe so, but they also have the option of...
View Article30 Year Fixed Mortgage Rates
The 30 year mortgage loan came into being in the 1950s but these days, thirty year mortgage loans tend to only be offered with government support. This was the purpose of creating the government...
View Article15 or 30 Year Mortgage
Over the past few years, interest rates on new and refinanced mortgages have fallen to incredibly low levels. This has allowed people to purchase homes at a more affordable level and refinance their...
View ArticleMortgage Credit Score
What You Need to Know about a Mortgage Credit Score When someone is applying for a home loan, one of the things that will be considered is their mortgage credit score. Most people have heard of this...
View ArticleFixed Rate Mortgage vs. Variable Rate Mortgage
There are several differences between fixed rate vs. variable rate mortgages. One of the first things that perspective home buyers consider is the type of loan they will get. Oftentimes buyers base...
View ArticleMortgage Comparison Shopping
It surprises some people, but mortgage comparison shopping will make it possible for people to receive the lowest mortgage rates. Although interest rates are set by the Federal Reserve, the individual...
View ArticleMortgage Points Comparison
In order to receive a mortgage loan, people will be paying points. Everyone has heard of points and they might be under the impression that they are a bad thing, but this isn’t always the case. When...
View ArticleFHA Loans vs. VA Loans
For many people currently or formerly in the military, the choice of FHA Loans vs. VA Loans is rarely a clear one. Both of these programs are designed to help people who would otherwise have trouble...
View ArticleFHA Loans vs. USDA Loans
To make a comparison between FHA loans vs USDA loans, a few assumptions will need to apply. For this example, the house being considered has been appraised at $300,000, has a purchase price of $300,000...
View ArticleQuantitative Easing Program Boosts Mortgage Applications
The US economy may be witnessing new growth, with an increase in refinance applications for mortgages combined with stronger employment statistics seen in just the last week. The increase is thought to...
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