Real Estate
August 25, 2019

Mortgage rate sounds too good to be true

Mortgage rates are presently near their historic lows on 30-year fixed rate mortgage with the average 30-year fixed being between 3.375 percent and 4.125 percent. As such people are refinancing in droves and taking advantage of the dip in rates. Obviously, when deciding which lender to use for your loan you’ll want to make sure you do your due diligence. If the rate sounds too good to be true, it is because it probably is.

 
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How the mortgage process gets ugly if you have a difficult picture

Residential mortgages in America today are designed for families to fit a box. If your financial profile in anyway is outside of that box, you might experience what otherwise might be a very difficult and challenging process, so it’s important to know how the process works. Here’s what you ought to consider…

Should you go FHA or conventional for purchasing your first home?

Buying your first home should be handled with extreme care including selecting which mortgage loan program makes the most financial sense. Following is what you ought to consider when looking at both mortgage loan programs …