As you start applying for a mortgage loan, you will probably hear the terms “APR” and “mortgage interest rate” a lot from lenders. What do these mean, what is the difference between them, and how do t
Jan 24, 2023
Last week the Federal Housing Finance Agency (FHFA) announced the new conforming loan limits (CLL) for mortgage loans in 2023 and based on U.S. home price growth, they are increasing to 12% for the co
Jan 19, 2023
You’re in the home stretch: you’ve found a great home, made an offer and been accepted. You’ve gone through the home inspection appointments and resolved any issues and now you’re waiting for the mort
Jan 17, 2023
If you are an active-duty or retired service member, you are likely familiar with the many benefits of buying a home with a VA loan. The Department of Veterans Affairs guarantees mortgage loans that h
Jan 12, 2023
If you are ready to refinance your current loan, there are actually several types to choose from. The right one for you will depend on your purpose for getting a new loan and your eligibility for spec
Jan 10, 2023
When you are ready to buy a home, you may hear your mortgage lender start talking about your debt-to-income ratio, or DTI. While you may not have heard that term before, it is actually a very importa
Jan 05, 2023