Mortgage Rate Lock: Safety is 100% Imperative
What is a Mortgage Rate Lock? A mortgage rate lock, also known as a lock-in period, is an agreement between you and your lender that
What is a Mortgage Rate Lock? A mortgage rate lock, also known as a lock-in period, is an agreement between you and your lender that
Welcome to the world of mortgage points! If you’re considering a home loan, understanding what points are and how they affect your mortgage can save
Diving into Buydowns What is a buydown? A buydown, also known as a mortgage buydown, is a financial strategy that allows borrowers to temporarily or
Welcome to the world of mortgage finance! As you navigate the complexities of securing a loan, you’ll come across the term amortization schedule. Understanding the
The Basics of Interest Rates Interest rates are essentially the cost of borrowing money or the return on investment (ROI) for lending money. When you
If you’re in the process of buying a home, you’ve probably come across the term “discount points.” But what exactly are they, and how do
Your 717 credit score is something to be proud of! It indicates a healthy financial history and increases your likelihood of approval for loans or
It’s no secret that the housing market is on fire right now. Home prices are on the rise and many are realizing their American dream
As we navigate the complex financial landscape, one crucial question for home buyers and investors is: “What will mortgage rates be in 2023?” Mortgage rates
Current Mortgage Rates have a major influence on the housing market. They affect homebuyers, sellers, as well as lenders offering mortgages. So what exactly is
Mortgage Rater Inc. NMLS #2484887: www.NMLSConsumerAccess.org. Mortgage Rater is not a licensed mortgage broker or lender. The information provided on this website is for general information purposes only and should not be considered financial or legal advice. Please consult with a licensed mortgage professional or attorney for specific advice regarding your financial situation.