Anybody that’s applied for a mortgage in America during the last 5 years knows how difficult the process has become. Mortgage lenders have tightened loan requirements to the point that even people with good income and credit can’t get a loan. Read More
Your mortgage is likely to be the largest loan you have in your life. As a result, it makes sense to consider the interest you pay. Because your interest rate is based on the size of your mortgage, the smaller the rate, the less you pay over all. Read More
Saving thousands of dollars for a house down payment can seem like a gargantuan task. But as you get settled in your career and your finances stabilize, accumulating cash is easier than you might think. Read More
Your mortgage rate is a big deal. Since a mortgage is such a large loan, and since the term spans decades, a 1% difference in your mortgage rate can mean a savings of tens of thousands of dollars over time. Getting the best mortgage rate when you buy a home is a must if you want to maximize your finances. Read More
If you have been denied a mortgage or mortgage preapproval, you are not alone. The Wall Street Journal’s MarketWatch reported that 11-33% of applicants were rejected by the 10 largest mortgage lenders in 2012. Read More
