The Federal Housing Administration is the largest mortgage insurer in the world, insuring over $1.3 trillion in home loans. Read on for the basics about FHA loans and if they are something you should consider applying for. What Are FHA...
When you think of the U.S. Department of Agriculture, the first thing that comes to mind is probably farming. But did you know anything about USDA home loan programs? These programs can be a great option for borrowers looking to...
Buying a home is overwhelming as it is, but even more so when you aren’t hip to all of the lingo. A mortgage broker can help you put things into context, but you still mind find yourself asking questions like...
You’ve heard about health insurance, life insurance, and car insurance. But what about mortgage insurance? Read on for a breakdown. What Exactly Is Mortgage Insurance? Mortgage insurance safeguards lenders in case borrowers fall behind on their payments. In short: it...
According to the Mortgage Bankers Association, the 30-year fixed mortgage interest rate has fallen to 3.87%, its lowest level since November 2016. What does this mean for you? Well, if you’re looking to lower your monthly mortgage payments or interest...
Commitment can be scary. But committing to buying a house can actually benefit you more in the long run. Although making such a serious, long-term financial decision can be somewhat terrifying at first glance—and rightfully so—there are many reasons you’ll...
Three Reasons You Should Use One “Buy a house,” they said. “It will be fun,” they said. But nobody quite prepared you for the information overload that comes along with securing a mortgage. Luckily, mortgage brokers exist to help make...
