The recent collapse of Silicon Valley and Signature banks sent shockwaves through the financial sector, causing a ripple effect through the economy.While the situation has been challenging, there’s also been a silver lining in real estate:Mortgage rates are down.Read on for a summary of the situation, as well as what it means for homebuyers, sellers, and owners like Continue Reading about BREAKING NEWS: What Recent Bank Failures Mean For Mortgage Rates (and You)
Articles about Real Estate Financing
Here you will find articles about real estate financing, mortgages, credit, and credit reports. Learn more about real estate financing for home buyers and homeowners.
How Mortgage Loans Work
Unless you're planning to pay all cash to buy a home, you'll need help with financing the purchase. There are a number of names that all refer to financing for the purpose of buying real estate which includes mortgage, mortgage loan, home loan, bank loan, etc.A mortgage loan is a contract that helps you finance the purchase of a house. You and your lender will work together to choose the best Continue Reading about How Mortgage Loans Work
8 Strategies to Secure a Lower Mortgage Rate
Securing a Lower Mortgage Rate can save you thousands of dollars over the life of your home loan. Here are 8 simple ways to do so.Mortgage rates have been on a roller coaster ride this year, rising and falling amid inflationary pressures and economic uncertainty. And even the experts are divided when it comes to predicting where rates are headed next.1This climate has been unsettling for Continue Reading about 8 Strategies to Secure a Lower Mortgage Rate
