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What is the Difference Between a Mortgage Interest Rate and the APR?

What is the Difference Between a Mortgage Interest Rate and the APR?

As you start applying for a mortgage loan, you will probably hear the terms “APR” and “mortgage interest rate” a lot from lenders. What do these mean, what is the difference between them, and how do they affect your home loan? Mortgage Interest Rate When

Jan 24, 2023 | Interest Rates

The 3 Factors That Affect Home Affordability

The 3 Factors That Affect Home Affordability

If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year. Selma

Jan 24, 2023 | Interest Rates Purchasing a Home

Your Mortgage Closing Checklist

Your Mortgage Closing Checklist

You’re in the home stretch: you’ve found a great home, made an offer and been accepted. You’ve gone through the home inspection appointments and resolved any issues and now you’re waiting for the mortgage underwriting process to wrap up before you finally

Jan 17, 2023 | Purchasing a Home

Choosing the Best Type of Refinance Loan

Choosing the Best Type of Refinance Loan

If you are ready to refinance your current loan, there are actually several types to choose from. The right one for you will depend on your purpose for getting a new loan and your eligibility for specialty programs. Here are the most common types and how

Jan 10, 2023 | Refinancing a Home

Home Buying in 2023 – What to Expect

Home Buying in 2023 – What to Expect

The past several years of housing boom, spurred on by the lowest mortgage rates in history and record-setting home demand, have likely seen their end. As U.S. inflation reached uncomfortable levels of inflation by early-2022, potential buyers started pull

Jan 03, 2023 | Purchasing a Home

Don’t Make These 7 Home Buyer Mistakes

Don’t Make These 7 Home Buyer Mistakes

With today’s rising interest rates and high home prices, buying a home takes some planning and forethought. Mistakes can be costly, like getting a mortgage higher than you can afford or getting stuck in a neighborhood or house you actually don’t like. Her

Dec 27, 2022 | Purchasing a Home

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