It seems like bitcoin has been in the news more and more recently—you’ve likely heard of it, and you may know people who have invested in it, but what is bitcoin, and does it have a use in real estate?…Read More

In January, mortgage rates rose for the first time in a couple of months, which was likely because of the rising of long-term bond yields. The average interest rates for a 30-year fixed mortgage loan climbed up by 14 points…Read More

It’s an exciting time when you are ready to buy your first home (and an expensive one). Unless you have the cash to buy a house outright, you’re likely going to be taking out a mortgage to finance your purchase.…Read More

Even if a buyer and seller agree on the price of a home, it’s not final until a home appraisal happens—unless it’s a cash purchase. Home appraisers an impartial third parties, and their job is to confirm a deal by…Read More

Interest rates on mortgage loans can be unpredictable—they might fluctuate multiple times during your loan application process and closing. To avoid uncertainty and preserve the interest rate you want, you can ask your lender for an interest rate lock. What…Read More

Owning a home has always been a big part of the American dream, but spending 30 years in debt for a traditional mortgage probably sounds scary. Mortgages aren’t necessarily that bad compared to other high-interest debts, like credit cards, but…Read More

What Happens to Your Mortgage in a Typical Sale In a traditional home sale, ideally, you will sell your home for more than the amount that’s left on your mortgage. Especially if you’ve been paying the mortgage for years, you…Read More

Life circumstances often change, and sometimes that change means that our financial situation changes. Refinancing is a good option, but not everyone can qualify. Unforeseen circumstances like a loss of income, natural disaster, or divorce can put homeowners in a…Read More

How much house can you really afford? With rising rent prices, this can be a little bit of a hot-button topic. Financial gurus and thrifty spenders weigh in with many different opinions. But what matters is what the bank is…Read More

Refinancing your mortgage is one way to save a lot of money. Lower interest rates, shorter terms, and different mortgage types can all be strategic cost-savings that make refinancing an appealing option. But just like the original loan, refinancing comes…Read More