The average mortgage interest rates decreased week over week — 30-year fixed rates went down (6.27% to 6.19%) as did 15-year fixed rates (5.52% to 5.44%). The number of mortgage […]
When buying a home, the biggest upfront expense is likely to be the down payment, which is typically between 3.5 and 20 percent of the home price. Even if future […]
Renting out your home could be the right choice if you want to buy another home. The choice to rent out your original home could create additional cash flow that […]
When you think of more than one name on a mortgage application, you probably assume it’s a married couple. However, there are lots of other people who enter into buying […]
The short answer is changing jobs can affect your loan approval. From your mortgage lender’s perspective, your employment history and income are paramount to your ability to make your payments. […]
What are closing costs? Any home loan — whether to purchase a new home or refinance a current loan — will come with closing costs. Closing costs cover a variety […]