Why do Mortgage Interest Rates Change so Often?

Mortgage interest rates can change daily, and even multiple times per day. Do you ever wonder why this is the case? Maybe you wonder how you should know when to lock a rate?Get Matched with a Lender, Click Here.Keep reading to learn about changing interest rates and...

Different Insurance Policies You Can Get to Protect Your Home

Every homeowner understands the importance of protecting their homes. Which is why many would take the necessary measures to make their homes a safe place to live in.However, we can’t protect our homes from everything. Whether it’s caused by a natural phenomenon or...

Mortgage rates move up for Friday

Multiple closely watched mortgage rates moved higher today. The average rates on 30-year fixed and 15-year fixed mortgages both increased. The average rate on 5/1 adjustable-rate mortgages, or ARMs, the most popular type of variable rate mortgage, also climbed higher....

The Complete Guide to Fixing the Most Common Credit Report Errors

Mistakes happen, even on your credit report. If you don’t review your report periodically though, you’ll never know when those mistakes occur. Worse yet, you won’t have them fixed, which can be detrimental to your financial future.Compare Offers from Several Mortgage...

How Much Does a Rate Lock Cost?

Before you can close on a mortgage, you have to lock in the interest rate. No matter how hesitant you are, at some point you have to be willing to lock it or you can’t close on the loan. Just what is that rate lock going to cost you?Looking for Current Mortgage...

Good News: Updated Policy On Reconstructed Mortgage Loans

Fannie Mae has new rules that could help you catch up on your mortgage payments.It is important to note the difference between restructuring and refinancing to understand what the updated policy means for you.Loan restructuring, also known as loan modification changes...

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Freddie Mac: Brexit Drives Rates Down, Refi Up

Brexit has played a major role in lowering mortgage rates, which is expected to boost U.S. housing activity particularly refinancing, Freddie Mac said in an outlook for the month of July.On July 12, the government-sponsored enterprise released its monthly outlook,...

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Mortgage Rates Rise So Do Mortgage Applications

With the rise of mortgage rates comes a higher volume of mortgage applications, latest weekly surveys made separately by Freddie Mac and the Mortgage Bankers Association confirmed. On the mortgage rate side, the 30-year fixed mortgage rate increased for the first time...

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Does The Lender Pull Credit On The Day Of Your Closing?

You received your mortgage approval, you figure everything is good to go and you are free to do with your finances as you wish, right? Unfortunately, this can hurt you in the end. Lenders have gotten smarter with their ways, especially after the housing crisis. Now,...

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