Whether you're embarking on the process of obtaining a mortgage for the first time or just preparing yourself for the advances in the industry, the implementation of automated underwriting in recent years has significantly changed the application … [Continue reading]
Should You Make Extra Mortgage Payments Toward The Principal Of Your Home?
If you have recently purchased a house, you have probably taken a look at your mortgage statement and noticed that the majority of your first few payments are going toward interest. You do not start paying down a significant amount of the principal … [Continue reading]
What’s Ahead For Mortgage Rates This Week – July 18, 2022
Inflation dominated last week’s economic readings and predictions as it hit a year-over-year growth rate of 9.10 percent in July. Inflation reached its highest year-over-year growth rate since 1981. Gasoline prices eased somewhat, but not … [Continue reading]
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