HELOC prepayment penalties can catch borrowers off guard. Find out what triggers them and how to avoid paying unnecessary fees. Continue reading
Archive | Mortgage
RSS feed for this sectionHome Price Growth Hits 13-Year Low, D.C. Market Falls Furthest
Discover which states are experiencing the largest and smallest rates of home price growth in their housing markets. Continue reading
Borrowers Gained $115 Billion in Home Equity in Q1 2025
Home equity gains reached $115 billion in the first quarter of 2025, giving the average borrower about $302,000 to tap into. Continue reading
Can a Wholesale Mortgage Lender Save You Money?
Discover what is a wholesale mortgage lender, how brokers secure lower rates, and if this approach can save you money on your home loan. Continue reading
Uncertainty Makes Federal Reserve Hold Rates in June. What’s Next for Home Buyers?
The Federal Reserve voted to maintain the fed funds rate range in June. Will mortgage rates decrease in 2025? Continue reading
Should You Save or Invest for Your Home Down Payment?
Should you save or invest when planning to buy a home? Learn how your timeline and risk tolerance can shape the strategy for a down payment. Continue reading
HELOC on a Paid-Off House: Can I Get One?
Can you get a HELOC on a paid-off house? Yes—and it may be easier than you think. Here’s how it works and what to consider before applying. Continue reading
Why FHA Loans Are a Great Fit for People With Disabilities
FHA loans are disability-friendly. Learn how people with disabilities can use SSDI or SSI income to qualify for a mortgage. Continue reading
Getting a VA Loan With a 100% Disability Rating
Find out how VA home loans can provide veterans with disabilities valuable savings and support on their path to buying a home. Continue reading
Will Mortgage Rates Go Down After the June Fed Meeting?
With tariffs and uncertainty pervading the economy, will the Federal Reserve make a rate cut at its June 2025 meeting? Continue reading