Mistowski's (mistowski) Blog

What is the best home loan for me?Ready to buy a home, but not sure what type of loan is the best fit for you? There are two major groups of home loans: government-backed and conventional. No matter which type works best for you and your family, we are here to make sure you get the best deal, the...

How an Interest Rate Lock Works and When to do OneThe purpose of interest rate locks for mortgages is to provide a borrower with the ability to “lock in” a low-interest rate with a mortgage lender during the process of closing of a home purchase. This allows a buyer to get a good interest rate wh...

VA Loan With Interest Rates still relatively low, most people just go with the first loan they get approved for without exercising all of their loan options. FHA, Conventional, USDA, they are all loans that people hear about all the time but, for Service Members and Veterans, the VA Loan is the b...

What is the better option: Reverse Mortgage or Home Equity Line of Credit (HELOC) Both Reversible mortgages and home equity lines of credit or HELOC are two simple ways to extend the credit made against the equity that a person has in their home. The home equity is figured by simply taking the cu...

Now is the time to purchase or refinance your house!With uncertainty on how the Presidential election will affect the economy, the Fed will move forward with increasing interest rates for the first time in 2016.The move comes with little connection to the outcome of the wildly dramatic election t...

Many people have heard of town homes, and here is what the majority of people know; Town Homes are magnified apartments. Though they aren't stacked upon one another, they are squished together side by side. Most townhomes are ruled by a homeowners association. This is a blessing and a curse. They...

DIY Pool Maintenance Having a beautiful well-kept pool takes deliberate cleaning and routine maintenance. A pristine pool doesn’t just happen, no matter how bad we wish there was a pool cleaning fairy. When it comes to the more intricate parts of pool maintenance, such as servicing the water pump...

We did some research into the worst cities in which to spend the 364 days leading up to Valentine’s Day so that you, our readers, can safely avoid them. That’s right: we found the cities that, by the numbers, are the worst in the nation for dating, whether the issue is that most people in these c...

Today we will open 22bps lower than we ended Friday. That means we will open at 103.11 after closing at 103.33. This was due to the bond rollover.What is a Bond Rollover?Well, it's an event that happens around the 10th of every month at which time the current month's coupon is closed out and any ...

Are you ready for these FHA Loan changes? With FHA Mortgagee letter 2013-04, HUD has dramatically changed the costs associated with obtaining and retaining an FHA loan. Starting with FHA case numbers assigned April 1st, 2013, the cost of annual mortgage insurance will increase. Starting June 1st,...