What You Need to Know About FHA Loans in 2022
It’s a new year and a new chance for many people to become homeowners. There are several mortgage products that are designed for first-time buyers; the FHA loan is…
Mortgage articles — page 16
Browse mortgage explanations by topic, or use the complete alphabetical article list.
What You Need to Know About Mortgage Forbearance
If you are one of the 22 million Americans who have filed for coronavirus-related unemployment in the past few weeks, you may also be wondering if you are going to be…
What’s More Important: Lower Home Prices or Mortgage Rates?
When buying a home, there are several factors that affect how much mortgage you can afford. Two of the most important are the property prices and current mortgage…
What’s the Difference Between a Home Appraisal and Inspection?
When you take the plunge to buy a home, there will be a flurry of appointments and meetings with real estate agents, mortgage lenders, title companies, and…
What’s the Difference Between a Jumbo and a Super Conforming Loan?
If you are hoping to buy a home in one of the country’s pricier markets, you may need a special type of mortgage. The main two are jumbo loans and super conforming…
Who Will I Work with in the Home Buying Process?
When it comes to buying a home, you already know you’ll be dealing with home sellers and your real estate agent. However, there are many more people or parties…
Why a Mortgage is Good Debt
In today’s coronavirus-crisis economy, many Americans may be regretting taking on debt in the past or facing new debt to cover expenses during unemployment. And yet…
Why ARM Loans Don’t Make Much Sense Right Now
If you are looking to buy a home soon or to refinance your current mortgage, you know that interest rates are very low. In recent weeks, the average rate on a…
Why does Buying a Home require so much Insurance?
When you are ready to buy a home, you will hear about a lot of different types of insurance: homeowners’ insurance, private mortgage insurance, title insurance, etc.…
Why NOT to Pay Off Your Mortgage Early
Your mortgage payment is likely the biggest one you make each month. The thought of getting rid of that payment sooner and saving on some of the interest payments can…