The Federal Reserve monitors the U.S. economy and, when necessary, takes steps to address inflationary concerns to avoid economic recession. When the Fed discusses interest rates, it is primarily concerning the Fed Funds Rate, which is the rate banks use…
The montage of mortgage terms can be confusing, but it’s important to understanding the mortgage process. We’ve compiled a list of the most common terms to get you started on your home buying journey. Common Terms Mortgages can be confusing…
The montage of mortgage terms can be confusing, but it’s important to understanding the mortgage process. We’ve compiled a list of the most common terms to get you started on your home buying journey. Types of Mortgages A common question…
Instead of paying someone else's mortgage, you could be building equity in your own property. Here are some commonly asked questions that can help you decide if buying a home is right for you. Do I need money for a…
The montage of mortgage terms can be confusing, but it’s important to understanding the mortgage process. We’ve compiled a list of the most common terms to get you started on your home buying journey. Payment Terms Mortgages can be confusing…
Before you purchase a home, get acquainted with the basics of the home loan process. Follow these steps to familiarize yourself with common terms and milestones, and for a smoother overall buying experience. You'll be glad you did! Pre-approval: A…
During the loan process, you'll want to avoid negatively impacting your loan pre-approval in any way. Lenders look for stability and consistency, and you are responsible for maintaining your financial situation all the way through to loan closing. Here are…
