Tag: Mortgage

Posted on 10/01/2023
Mortgage rates: A brief guide to common payment options
30-year mortgage rates are the norm among mortgage rates....
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Posted on 05/07/2023
Getting preapproved for a mortgage: How it benefits you
Getting preapproved for a mortgage is an important part of...
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Posted on 04/16/2023
Understanding the fixed rate mortgage definition
To choose the right mortgage loan, it’s important to...
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Posted on 05/22/2022
4 Quick 15-year mortgage types to consider
Mortgages can be a very flustering part of the homebuying process, just based on the sheer volume of available options. Most homebuyers choose the 30-year fixed rate option, as long as they meet the criteria. But what about the 15-year option? What choices are available for homebuyers, first-time and experienced? How do you know which one to pick?...
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Posted on 02/23/2020
How to Use Points to Your Benefit
Photo by Precondo via Pixabay Some mortgage companies offer loans with points. In a nutshell, paying points means paying down the interest rate. One point is equal to 1 percent of the mortgage amount. On a $200,000 mortgage, one point is $2,000. The percentage the interest rate lowers depends on the mortgage company and the market. For example,...
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