When you are in the market for a mortgage, one of the many decisions you’ll have to make is whether to apply for a fixed-rate loan or an adjustable rate mortgage (ARM). Both can be beneficial, depending on your situation. Learning the difference bet
Aug 15, 2018 | Purchasing a Home Fixed Rate Mortgages Adjustable Rate Mortgages Refinancing a Home
If you are buying a home or refinancing, you have probably heard about “mortgage points.” This form of pre-paid interest can save you thousands of dollars over the course of your loan but in many circumstances is not worth the upfront cost. Ho
Jul 18, 2018 | Purchasing a Home Interest Rates
Buying a home in Virginia, whether for the first time or the last, is an exciting event. Yet before you even take a look at a single home for sale, it is a smart idea to have your mortgage financing lined up. While it is possible to get a home loan direct
Jun 20, 2018 | mortgage brokers
DID I NOT TELL YOU that rates were on the way up? DID I NOT TELL YOU that there were more ready Buyers than available inventory (especially for home prices under $200,000)? DID I NOT TELL YOU that as usual, as we approached spring, rates
Mar 23, 2018 |
Preparing for a home purchase is important, even if you have had experience with home purchases in the past. The laws and regulations have changed and the Dodd Frank Act made sweeping changes to the industry, so what used to be is not the same today.
Feb 16, 2018 |
Get ready to purchase your home NOW! Interest rates are on the way up and for each .25% added to the rate for a $100,000 loan equates to about $14/ mo. more in payment for a 30 year loan. Typically as we get closer to Spring, rates will increase due
Feb 02, 2018 |