Monthly payment includes principle and interest only. Taxes, insurance and/or other monthly expenses are not included. Contact your Mortgage Loan Originator with any questions.
The time to finance a home for the best rate could be now, as mortgage rates across the country have reached a low over the last 16 months at 4.12 percent, according to Freddie Mac. This number is quoted for a 30-year fixed rate conventional mortgage, and since Jan. 1, people have been finding [...]
Last week, Greenspan wrote an Op-Ed for the Wall Street Journal in which he warns of an inevitable rise in interest rates... The second paragraph should be more than enough to tell you that rates will rise and not [...]
The first question to ask yourself is, "How much money can I save each month?" If your current Interest Rate on your FHA Mortgage is 5.50% or more, you should be calling us right now, before Interest Rates start to rise again. This is especially true if you currently have an Adjustable Rate [...]
Loan Modification, or more specifically, Mortgage Modification is a tool that you may be able to use to stay in your home rather than loose it to Foreclosure. It differs from a Refinance in that Modification programs are designed to modify the terms of your existing Mortgage. A Refinance replaces [...]
At some point you will want to purchase a home and at that point you will need to apply for a mortgage loan. However, purchasing a home may become complicated if you aren’t aware of the various mortgage terms. One key term we’re going to define today is an ARM [...]