The SCOOP! Blog Read Amazing Insights.

Follow me
By
Mortgage and Lending - ChangeMyRate.com® A Mortgage Corporation - NMLS #1326269
RECENT BLOG POSTS
A mortgage origination fee is one of many fees a mortgage lender can charge for allowing you to borrow financing. Here’s what you need to know about how the origination fee on a mortgage works, how much it costs and whether you can negotiate it.What is a mortgage origination fee?A mortgage origin...
10/26/2021
The spring is typically known as the busiest season for homebuying activity, but there are plenty of strong reasons to sell your home this fall.Here are four reasons to list your home during the fall months.Serious homebuyers are in the market.During the fall months, serious homebuyers are eager ...
10/22/2021
1 Comments
Purchasing a home is one of the biggest, most important investments you'll make. Lean on us for reliable and sound advice — including if buying is right for you. Understanding what you can affordYour first step in buying a home is to fully understand your finances. It's not as fun as looking at h...
10/21/2021
A mortgage the Federal Housing Administration backs is known as an FHA loan. FHA loans are unique from other mortgages and home loans. They’re often helpful for first-time homeowners because they offer a combination of a lower down payment requirement and lower credit score standards.The followin...
10/19/2021
You’re likely to come across Fannie Mae or Freddie Mac as you explore your mortgage options. Although you won’t directly obtain a home loan through either, Fannie Mae and Freddie Mac are key players in the mortgage market. Let’s take a closer look at these government-sponsored enterprises, or GSE...
10/17/2021
Home buyers are bidding up home prices in competing for the home they want. But appraisals don’t always agree with that final seller’s accepted offer price. Some homes are appraised below the agreed-upon sales price, which could upend a deal.Twenty-three percent of contracts were delayed due to a...
10/11/2021
The average contract interest rate for 30-year fixed-rate mortgages increased to 3.10% from 3.03% in the past week. Applications to refinance a home loan decreased 1% last week from the previous week. The average loan size for a purchase application reached $410,000, its highest level since May....
10/09/2021
Despite increasing talk about interest rates and home prices, mortgage rates for now are likely to stay relatively steady.Investors and homebuyers may expect large fluctuations in mortgage rates, as the Federal Reserve Board of Governors eventually plans to reduce mortgage purchases. But, like al...
10/08/2021
When you’re ready to purchase a home, one of the first things you’ll need to do is get pre-approved for a mortgage. A pre-approval letter is critical, especially in a competitive market, because it shows sellers, you’re serious about buying a home and that you have the financial means to do it.Wh...
10/07/2021
When you borrow to buy a home, you'll need to decide on the loan repayment timeline. You will have a choice, with most lenders offering loans between 15 and 30 years in duration.Loans with a longer loan repayment timeline typically have higher interest rates and cost more over time – but there ar...
10/05/2021
Rainmaker
115,795

Jackie A.Graves

President
local_phone855-671-7700
business888-959-2276
Contact The Author