Mortgage Market
Pre-Qualification vs. Pre-Approval: Which Is Better?
You know those eye-catching envelopes you find stuffed in your mailbox? The ones that claim you’ve been “pre-qualified” or “pre-approved” for a new credit card or car loan? If you’ve been shopping […]
7 Mortgage Facts Every Baby Boomer Should Know
Attention: Baby Boomers. Here are seven mortgage facts you may not have been aware of. If you’re a Baby Boomer (born between 1946 and 1964), chances are you’ve gone through the home […]
How Do I Get a First-Time Home Buyer Grant?
Saving up for a down payment or closing costs can be a struggle, especially if you’re a first-time home buyer. But, if you know where to look, there are plenty of grants […]
Who Sets Mortgage Rates? Everything You Ever Wanted to Know
Sure, you can google, “who sets mortgage rates?” and, “why do mortgage interest rates change?” But, you’ll probably be a bit baffled by the results. Is it the Federal Reserve or the […]
Low Appraisals/Appraisal Gaps: What You Should Know
So, you’re buying a house. You crunched the numbers and you’re ready to nail this purchase. There’s just one issue: the appraisal reflects a lower value than your offer. This is called […]
Common Credit Challenges and What You Can Do About Them
Cultivating a healthy credit score is key to getting the mortgage rates you want, but we know that’s easier said than done. The good news is that while some credit challenges may […]
What Is the Difference Between FHA and Conventional Home Loans?
Looking for a home loan? Here’s a breakdown of two of the most popular mortgage programs. The time is right, and you’re ready to buy a house—the first step: Figuring out the […]
A Brief History of Mortgage Etymology
We’ve got a thing for words (in case you couldn’t tell), so we thought we’d take a break from our usual mortgage content to touch on our shared love. Don’t worry, it’s […]
Five Steps to Sell: Your House Selling Checklist
Ready to sell? Keep this house selling checklist on hand. As you might imagine, selling a home isn’t exactly as easy as selling a car. In an ideal world, we’d exchange keys […]
Can You Defer Your Mortgage Under the New CARES Act Forbearance Terms?
If you struggle to make your mortgage payments, CARES Act forbearance options might be able to help. Sure, we’ve come a long way since March of 2020, but the pandemic’s long-lasting effects […]
What Is a Conventional Mortgage?
If you’ve started your home loan search, two mortgage types have probably risen to the top of your list: FHA loans and conventional loans. These are some of the most popular loans, […]
How Many Times Can You Use a VA Loan?
You’re a veteran who’s ready to take out a home loan and it’s not your first rodeo. Wait, are you allowed to use your VA loan for a second rodeo? The short […]
