The Basics of a Home Appraisal
Whether you are getting a mortgage for a new home or refinancing your existing mortgage, you’ll most likely need a home appraisal. Read More
Whether you are getting a mortgage for a new home or refinancing your existing mortgage, you’ll most likely need a home appraisal. Read More
One of the biggest financial commitments you will ever make is a home purchase. In fact, this is such a huge commitment that you will probably need to borrow money in order to make it happen. And, because you are borrowing such a large amount of money from the lender, you will be required to fill out a mortgage application. Read More
After much concern about the direction of flood insurance rates and their impact on the real estate market, President Obama signed the Homeowner Flood Insurance Affordability Act into law on March 21st 2014. This law added amendments to the 2012 Biggert Waters Law. Read More
One of the epic battles in the world of personal finance is that over the best mortgage length. When applying for a mortgage, there two primary fixed rate options: 30 year fixed and 15 year fixed. Read More
Snagging the lowest mortgage rate possible can mean saving thousands of dollars over the life of your loan. For example, if you locked in a 4.0% mortgage interest rate rather than a 5.5% rate for a 30-year, fixed-rate mortgage loan of $200,000, you could save more than $65,000 over 30 years. Read More