Tag: Mortgage

When it comes to borrowing money, you’ve likely heard the terms "mortgages" and "loans". Though they both involve getting money from a lender, they’re not exactly the same. A mortgage is a special type...

Jumbo Mortgages 101. Buying a high-value home or investing in a luxury property can be a thrilling experience, but it often requires a significant amount of financing. For properties exceeding conventional loan limits, a...

Do you know what mortgage brokers do? A mortgage broker is someone who helps people find loans to buy homes. They work between the people buying homes (the borrowers) and the companies lending the...

When you want to buy a home but can't pay for it all at once, a mortgage can help. It's like a loan that lets you buy the house and pay back the money...

Forward mortgages play a pivotal role in the US housing market, constituting the lion's share of mortgage transactions, accounting for approximately 70-80% of the market. In 2022, the total origination volume of mortgages in...

Have you ever wondered why mortgage rates go up and down? Mortgage rates affect how much you pay for your home each month and overall. It's important to know how they work if you're...

Are you considering an interest-only mortgage? Even though interest-only mortgages became less popular after the 2008 financial crisis, there are still people who want to get them. If you're interested in the idea of...

If you are considering reverse mortgages, you're not alone. Many older homeowners use them. It allows you to use your home equity without actually selling it. The loan lenders will be paying you. In this...

Do you want to know the relationship between your credit score and mortgage rates and approval? Your credit score is really important when you're applying for a mortgage, which is a loan to buy...