Things You Should Know About Your Down Payment and Interest Rate

Whenever you buy a new home, you will need to put money down. Whether it's coming from the sale of your current home, your savings or another source, most lenders will require some sort of down payment. Along with the down payment, your mortgage will include an interest rate. Even just 0.5% can make a … Continue reading Things You Should Know About Your Down Payment and Interest Rate

Summer Temperatures and Mortgage Rates on the Rise

It’s officially summertime and the temperatures are not the only thing on the rise. The week of June 24 saw the biggest increase in mortgage rates in 26 years.  “In the short run, [the week of June 24] half a percentage point increase could push some home shoppers out of the market while spurring others … Continue reading Summer Temperatures and Mortgage Rates on the Rise