Securing a favorable interest rate is a top priority for borrowers seeking a mortgage. One crucial aspect of the mortgage process is the rate lock, which[…]
Getting pre-approved is a surefire way to know how much home you can afford. Many borrowers look to the pre-approval as a guidepost to begin their home[…]
There are a lot of financial and situational factors that play into this question but getting pre-approved by a lender will give you a clear picture of[…]
The Federal Reserve (the Fed) announced plans to start incrementally increasing the FED fund rate throughout 2022.
Fannie Mae announced it will be issuing a rate increase for second home and high-balance loans this spring.
There is big news for borrowers: the conforming loan limits are increasing from $548,250 to $647,200.
Mortgage rates are constantly in flux. While they can trend one way or another, they’ll vary pretty much day to day and from person to person.
