Tag: Mortgage

Posted on 09/08/2022

Servicing a loan: What borrowers should know

Mortgage servicers are companies responsible for the...

Loan Servicing

Mortgage Lender

+ 1 more

Posted on 08/18/2022

What is APR? Mortgage terms to know

When searching for a mortgage, many homeowners might...

APR

Annual Percentage Rate

+ 2 more

Posted on 07/07/2022

Pros and cons: Mortgage points

When buying a home, many homebuyers tend to search for the best mortgage interest rates available. While some may find that perfect rate, others may opt to take advantage of lender-provided options, such as mortgage points. Mortgage points are designed to help buyers bring down their interest rates by paying them ahead of time. Sometimes considered “discount points,”...

Home Finance

Home Financing

+ 7 more

Posted on 06/16/2022

Your quick guide to 30-year mortgage rates

Most homebuyers, even those just starting their first-time homeowner journey, have learned a thing or two about 30-year mortgages. For example, some 30-year mortgages will let you pay the mortgage down earlier than 30-years, while others may fix a prepayment penalty to that plan to make up the loss in revenue from the interest rate. But what about...

15 Year Mortgage

30 Year Mortgage

+ 5 more

Posted on 05/01/2022

15-year fixed mortgages: A quick guide

Prospective homebuyers and current homeowners know that a mortgage is likely to go hand-in-hand with your home, unless another arrangement has been made. However, there are many options available for those monthly mortgage payments, most commonly through 30-year fixed rate mortgages and 15-year fixed rate mortgages. Most know about the 30-year option, but what about the 15-year fixed...

15 Year Mortgage

Fixed Rate Mortgage

+ 3 more