With 30-year mortgage rates now topping 20-year highs, borrowers are looking to alternative loan options to save money on home loans. Adjustable rate mortgages (ARMs) are becoming more popular as homebuyers and refinancers look for lower introductory inte
Dec 19, 2023 | Purchasing a Home
In the realm of personal finance, the key to success lies in making wise choices. It's about optimizing your wealth, minimizing expenses, and capitalizing on the opportunities that cross your path. One such often-overlooked opportunity is the art of refin
Dec 14, 2023 | Refinancing a Home
Consumer inflation data was mixed in November as the headline number inched higher but the devil is in the details. The Consumer Price Index (CPI) rose 0.1% in November from 0.0% in October while the year-over-year number fell to 3.1% from 3.2%. The numbe
Dec 12, 2023 | Mortgage News
Mortgage prepayment penalties can be a perplexing aspect of your home financing journey. Essentially, they are fees imposed by lenders when you pay off your mortgage earlier than agreed upon or exceed the specified payment limits. These fees are designed
Dec 12, 2023 | Purchasing a Home Refinancing a Home
Interest-only mortgages piqued the curiosity of many homeowners in search of alternative methods to fund their dream abodes. In this article, we will uncover the pros and cons of interest-only mortgages, shedding light on whether they align with your home
Dec 07, 2023 | Purchasing a Home
Are you tired of juggling a pile of bills, from high-interest credit card debts to personal loans and auto payments? If so, there might be a financial strategy that could simplify your life: refinancing your mortgage to consolidate all those debts. In thi
Dec 05, 2023 | Refinancing a Home
