Your credit score grades your creditworthiness. Where you fall on a range from 300 to 850 will determine not only whether you qualify for a mortgage, but also your mortgage rate. “The lower your credit score, the higher the…
Just six years ago, the average mortgage rate was less than half of what it is today. The average rate for a 30-year fixed-rate mortgage was just 2.67% on Dec. 31, 2020. Recently, the average rate exceeded 7% for the…
Closing on a mortgage means the hard work of finding a new home and obtaining financing is finally over. But a mountain of paperwork remains to be signed at closing – and if anything is missing, or even the slightest…
Would-be homebuyers who are waiting for mortgage rates to drop before buying a home may be disappointed. As of June 2026, rates for a 30-year, fixed-rate mortgage average around 6% to 6.5%, which is more than double what they were…
If you’re thinking about buying a home and have been following real estate or financing news, you may have heard that the Federal Reserve recently announced a cut to the prime interest rate. So what does this mean for mortgage…
Did you hear the latest? In its most recent meeting, the Federal Reserve Board cut policy rates by 0.50%. According to Chair Jerome Powell, we may see further cuts this year, though future decisions will depend on economic data. But…
Navigating the mortgage process can feel overwhelming, but breaking it down into steps can make it much more manageable. Whether you're a first-time homebuyer or looking to refinance, understanding each phase will help you feel confident and prepared. Here’s a…
Are you a veteran, member of the military, or a military spouse currently considering buying a home? If so, one of the options you may have available to you for home financing is a VA loan. To see if this…
As we look forward to the spring market, it’s important to understand the dynamics of the real estate landscape. Whether you’re buying, selling, investing, or keeping an eye on the market, keeping up with the current trends is one…
As you make your move from renting to homeownership, it’s easy to be overwhelmed by the amount of information available on homebuying and home financing - as well as the amount of misinformation. Here are some common myths regarding…
