Category: Mortgage
How much of a down payment is required for a mortgage?
When you’re considering buying a home, the deposit is one of the most significant upfront costs you’ll face. The amount you need to save for…
Five methods to compare mortgage rates from several lenders
When you’re ready to purchase a home, finding the best mortgage rate is crucial to saving money in the long term. Mortgage rates can vary…
How to choose the best mortgage broker for you
Finding the right mortgage broker can make a big difference when you’re looking to secure a home loan. A mortgage broker acts as a middleman…
What impact does the Fed have on mortgages?
The Federal Reserve, commonly referred to as “the Fed,” plays a significant role in shaping the broader economy, including the housing market and mortgage rates….
How does mortgage insurance operate and what is it?
Mortgage insurance is a type of insurance that protects lenders if a borrower defaults on their home loan. It is typically required when a borrower…
How are interest rates on mortgages set?
Mortgage rates are determined by a variety of factors, both macroeconomic and personal. Understanding how mortgage rates are set can help you make informed decisions…
How to Present a Mortgage with a Cash Offer
Making a cash offer when you’re using a mortgage might seem contradictory, but it’s a strategy some buyers use to strengthen their offer in a…
How does a mortgage operate and what is it?
A mortgage is a type of loan used to purchase real estate, usually a home. Here’s how it works in more detail: Definition A mortgage…
What are joint mortgages and is it a good idea to have one?
In the world of entrepreneurship, funding is a crucial component that can determine the success or failure of a business. For many entrepreneurs, securing a…
How Does Mortgage Insurance Work and What Does It Entail?
Mortgage insurance is a type of insurance policy designed to protect lenders in case a borrower defaults on their mortgage payments. It’s typically required when…