Tag: Mortgage

Posted on 04/07/2024
What is APR? Mortgage terms explained
When searching for a mortgage, many homeowners might...
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Posted on 11/05/2023
How to choose a down payment on a house
A major step in the homebuying process is paying the down...
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Posted on 09/17/2023
Mortgage prepayment penalty: What you need to know
Mortgage lenders make money primarily through interest...
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Posted on 07/10/2022
Quick basics of mortgage points
Mortgage points can be a confusing topic, especially if you’re not familiar with them. And while they are hefty in value, the information surrounding them is often overwhelming. So, let’s start with the most basic point: What, exactly, are mortgage points, and why do I need to know about them? Here’s a quick and simple guide to understanding...
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Posted on 08/22/2021
Which is Smarter: Paying Off the Mortgage or Investing?
Photo by Andrey_Popov via Shutterstock Often, when discussing ways to get out of debt, the subject of “mortgage versus investments” comes up. If you have a mortgage, your monthly budget likely revolves around paying it first, meaning investment ideas take a back seat. One way to free money up to invest is to pay off the mortgage, and...
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Posted on 12/06/2020
Looking to Buy a Home? Let's Start with Your Loan
Photo by Nattanan Kanchanaprat via Pixabay If you’re in the market to purchase a home, it can be a confusing process. Interest rates, types of loans and what may apply to you can all sound like a foreign language. It’s always best to have some background knowledge before going to see a mortgage broker to make sure you’re...
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