Mortgage Interest Rates Versus The Mysterious APR
October 1, 2018
Question: I want to get a mortgage. Interest rates I understand but what is an APR and why is it higher than the interest rate? Answer: When you buy something […]
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Is Cash-out Refinancing A Good Idea With Higher Rates?
September 24, 2018
Question: We want cash-out refinancing. The value of our home has increased significantly in the past five years. We want to now get a cash-out refinance but worry that rising mortgage […]
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Why Has My Credit Score Gone Up?
September 5, 2018
Question: My credit score has gone up significantly during the past year even though my debts and monthly payments have largely stayed the same. Are the new numbers real or […]
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Are Real Estate Closing Delays Common?
August 2, 2018
Question: Are closing delays common? We’re selling our home. The good news is that we have a buyer. The problem is that closing will be delayed because of a mortgage […]
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Should I Value My Home With Online Price Estimates?
July 31, 2018
Question: Homes in our area are quickly selling and we’re thinking of putting our place on the market. Does it make any sense to value our property on the basis […]
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Should We Refinance To Get Rid of Mortgage Insurance?
July 16, 2018
Question: Should we refinance to get rid of mortgage insurance? We bought a home in an area where home prices are exploding. Our equity grows almost daily. Our lender says […]
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Has Refinancing A VA Mortgage Become Harder?
July 5, 2018
Question: I’m a vet and recently heard that a VA mortgage has become more difficult to refinance for borrowers like me. What are the new rules and why is the VA […]
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Mortgage rates are up so will I qualify for a loan?
June 18, 2018
Question: Will I be able to qualify a loan now that mortgage rates are up? Answer: No doubt mortgage rates are up. This does not mean mortgage loans are no […]
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What Makes A Mortgage Affordable?
June 6, 2018
Question: With both home prices and mortgage rates rising during the first half of 2018 are lenders doing anything to ease credit requirements so that homes are more affordable? Answer: […]
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Mortgages: Can I Still Get A Seller Contribution?
May 14, 2018
Question: We want to buy a home and we want the sellers to pay some of our mortgage costs. They’re getting a lot of cash at closing and through our […]
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