
What does the end of the student loan repayment pause mean for the housing market?
In the wake of the Coronavirus in 2020, The Coronavirus Aid, Relief and Economic Security (CARES) Act paused federal student loan payments. Which means for over three years, borrowers with federal student loans haven't had to worry about making student loan payments. However, that's coming to an e
Read More
Is buying down your mortgage rate worth it?
When mortgage rates rise, borrowers scramble to find the lowest rate and beat the market. One option to combat this is "buying down your rate" with mortgage points. Essentially, you're paying more up front at closing to lock in a lower monthly rate, which in turn can give you a lower monthly pa
Read More
What are closing costs & seller concession limits?
When buying a home, most home buyers pay closings costs and fees to cover the costs of getting a mortgage. Closing costs usually range from around 3%-6% of the sale price of the property. Closing Costs, Defined: What are Closing Costs? Closing Costs are fees and expenses a home buyer pays when the
Read More
How to Get Rid of Private Mortgage Insurance (PMI)
Private Mortgage Insurance (PMI) allows you to put less than 20% down on a home, but it also adds another expensive line item to your monthly payments. If you're wondering how to get rid of PMI payments, read on for help with leveraging your equity or refinancing your loan to remove PMI from y
Read More
Categories
Recent Posts









