There is a lot of terminologies involved in the mortgage application process, and one common term people come across is a mortgage point. What exactly is a mortgage point, and how might impact the price of the loan? What Is A Point? Points represent … [Continue reading]
What’s Ahead For Mortgage Rates This Week – January 3, 2022
Last week’s economic reporting included readings from S&P Case-Shiller Home Price Indices and the National Association of Realtors® released its monthly report on pending home sales. Weekly reports on mortgage rates and jobless claims … [Continue reading]
Do You Need Mortgage Insurance Even If It’s Not Required By Your Lender? Let’s Take A Look
Finding a proper mortgage loan and understanding the processing procedures behind the loan is the basis of good research. The down payment on a mortgage loan is typically significant when dealing with mortgage insurance. Most loan applications with … [Continue reading]
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