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Mortgage rates have recently reached their lowest point since February, giving homebuyers an estimated savings of $115 a month on their mortgage payments. For many, this rate reduction could provide a boost in purchasing power where homebuyers can afford a home in today’s competitive market. But even with the savings, ...
Charlotte, NC, is known for its vibrant economy and strong housing market. Knowing how mortgage points work is essential before you jump into the real estate game. Mortgage points are a type of closing cost that can significantly impact the overall cost of your loan. They are a way to buy ...
When you get divorced, one of the most significant decisions you have to make is what to do with your house. Keep it, or sell it? Give it back to your ex? Like some couples, you might refinish your mortgage. But that can be a tricky process. That's especially the ...
Buying another house is a significant financial decision. It may sound less like a great idea and more like a pipe dream if you already have a mortgage on your first home. Depending on your financial situation, it may be possible to get another mortgage for your new house in ...
Owning a home is a dream come true for many people. It’s good to be informed about options for future home payments, like refinancing. Homeowners who want to refinance their mortgage have options. However, they must move quickly or risk losing the equity they've built up in their homes. There ...
Just like buying the perfect pair of jeans, there is no one-size-fits-all solution to finding the right mortgage. With that in mind, you need to take the necessary measures to assess prospective lenders that would be a good fit for your individual mortgage needs.When it comes to choosing the best ...