The COVID-19 pandemic reshaped many industries, and the mortgage sector was no exception. As we move further away from the pandemic, the mortgage industry continues to adapt, reflecting new economic realities, regulatory changes, and shifts in consumer behavior. For mortgage originators, understanding these changes is crucial to ...
As a consumer, understanding these economic trends can empower you to make informed decisions about your mortgage. Let’s discuss some key economic factors that influence mortgage lending and what they mean for you.
Interest Rates: The Pulse of Mortgage Lending
Interest rates are perhaps the most ...
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Are you in the market for a new home? One of the most crucial decisions you’ll face is choosing the right mortgage term. With options like 30-year and 20-year mortgages available, it’s essential to weigh the pros and cons to make an informed decision that suits ...
Rate locks play a crucial role in the mortgage application process, helping borrowers secure a favorable interest rate for their home loan. Here’s an explanation of the importance of rate locks and when and how to secure the best rate:
Interest Rate Protection: Mortgage rates are ...
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When it comes to securing a mortgage, borrowers are often confronted with various terms and figures that may seem confusing at first glance. Two key components that play a significant role in determining the cost of a ...
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One of the more common methods that home loan applicants use to find the best loan program available ...
When applying for a new home mortgage, many loan applicants initially consider applying for a 30-year fixed rate mortgage. This ...
When you initially start shopping for a home mortgage, you may be drawn to advertisements for ultra-low interest rates. These may be rates that seem too ...
Do you have a mortgage? You’ve likely seen or heard a lot about mortgage refinancing as interest rates ...
Is your credit score holding you back from getting the best rate ...