For three years I dithered about refinancing my mortgage. I meant to check into and get around to it, but it never quite happened. One day, when I logged onto a free consumer credit site, a popup suggested that I talk to someone about refinancing my loan. On a whim, I checked “yes” in the box, and soon I received a follow up about refinancing. Read More
County Name | Area | 1-Unit | 2-Unit | 3-Unit | 4-Unit |
|---|---|---|---|---|---|
| DISTRICT OF COL | WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV | $765,600 | $980,325 | $1,184,925 | $1,472,550 |
By definition, a Conventional Loan is any mortgage that’s not guaranteed or insured by the federal government. North Carolina conventional loans may be either “conforming” and “non-conforming”, although ‘conventional loans’ generally refer to ‘conforming loans’. Therefore North Carolina conventional loan limits are the same thing as North Carolina conforming loan limits. Read More
The Federal Reserve System is the central banking system of the United States and was created in 1913 with the enactment of the Federal Reserve Act. Over the past century, its roles and duties have expanded. 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
