While the impact of the federal interest rate is often of little concern to most consumers, it can have a long-range effect on purchasing a home in the future and the mortgage industry in general. The Fed Rate can go up or down although in some cases, it stays flat. […]
Home Equity and Refinancing
Are you still trying to decide whether or not to refinance your home? Maybe you’re a bit apprehensive about doing it while not knowing what’s in store for us in 2021. If you’re unsure about pulling the trigger, there are certain advantages to refinancing that you need to be aware […]
The Home Loan Process: Understanding the Difference Between Pre-Qualifying And Pre-Approval
Two of the most important steps when purchasing or financing a home are applying for pre-qualification and pre-approval. Not only are these essential to the home buying process, it’s important to understand how they differ which we’ve explained as follows: Mortgage Pre-Qualification This is the lender’s estimate of the amount […]
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