Category: Refinance

  • Prices & Rates

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    Ben
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    Housing prices and interest rates aren’t going back down! Mortgage rates surged to the highest level in two years, leaving homebuyers on high alert as further increases loom. Things aren’t going back down. Now is the time to buy! 30 year fixed mortgage The rate on the 30 year fixed mortgage – the most common…

  • Interest Rates

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    Ben
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    What you should do before interest rates rise!!! In today’s real estate market, mortgage interest rates are near record lows. If you have been in your current home for several years and haven’t refinanced lately, there’s a good chance you have a mortgage with an interest rate higher than today’s average. Here are some options…

  • Buyers: Don’t Be Surprised by Closing Costs!

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    Ben
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    Many homebuyers think that saving for their down payment is enough to buy the house of their dreams, but what about the closing costs that are required to obtain a mortgage? By law, a homebuyer will receive a loan estimate from their lender 3 days after submitting their loan application and they should receive a closing disclosure 3 days…

  • Rising Rates: Consolidate Your Home Mortgage and Equity Loans

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    by

    Ben
    in ,

    If you have a home equity line of credit, now may be the time to consolidate it into your first mortgage. So, how will you know if it is a good time to consolidate it into your first mortgage? Home equity loans tend to be variable rate loans, and with rates rising, so will your…