Mortgage Rates & Trends

Learn how to make sure your Realtor is on your side when buying a home Do you trust your Realtor to help you get the best deal when you buy a home? Whether you do or not, following a few simple steps will help reduce the chances that your Realtor will put his or her interests ahead of yours. Most...

Make sure you ask the seller for these key items at or before your closing When the big day arrives to close on the purchase of your home, make sure you get everything you need. Many first time home buyers don't know what they should ask for when closing on their new home. If you have a good rela...

Learn how monthly mortgage amortization works How mortgage payments are calculated is a mystery for most home buyers and even for many Realtors and loan officers. The reason it is a mystery is because the formula to calculate the monthly payment for an amortizing mortgage is the following: To cal...

If you are ready to buy a home in New Jersey, the following guide will help you in understanding how the home buying process works in New Jersey. Wherever you are going to buy a home, the first step of every home buyer is to put together your team of professionals ( Home buyers should make sure ...

Learn how homeowners can plan to minimize the stress of having two homes. Want to sell your house and buy another one? Your overall financial position will determine how you can complete this transaction. In an ideal scenario, you put your home up for sale, find a buyer and sign a contract to clo...

Find out if changing jobs could hurt your ability to get a mortgage. Home buyers considering a job change should follow basic guidelines to make sure that they can still get approved for a loan when they buy a home. If home buyers have a job now, use that job to qualify and keep that job until af...

What is the most cash you can get out of your home in today's mortgage market? Refinancing your mortgage to pay off your existing mortgage and also get cash from the equity in your home is called a cash-out refinance mortgage. Proceeds from these loans that are available to the borrower after pay...

Find out what flood coverage you do and do not need when you are buying a home. First time home buyers will find out during the mortgage application process whether or not they will be required to get flood insurance. Even if not required, home buyers may want to consider flood insurance coverage...

Closing costs are often confusing, but Total Mortgage makes closing costs simple. About Closing Costs Closing costs for refinancing home owners are often a black box of fees that are confusing to understand. Closing costs often end up substantially different at closing than from the initial discl...

Learn how to refinance your mortgage if you live in the state of Massachusetts Refinancing in Massachusetts is easier and costs less than in many states The refinance process in Massachusetts is relatively simple: For an exact refinance rate quote for your New Jersey mortgage refinance, please em...