Mortgage News and Notes Blog

Why This Fall Might Be the Best Time to Buy a House

Why This Fall Might Be the Best Time to Buy a House

The U.S. housing market has been in overdrive for the past several months, as buyers play catch up after the coronavirus pandemic shut down most home-shopping in the spring. Existing home sales in June and July both grew by more than 20% while inventory f

Sep 30, 2020 | Interest Rates Purchasing a Home

How to Shop Smarter and Avoid Buyer's Remorse

How to Shop Smarter and Avoid Buyer's Remorse

Since the onset of COVID-19, and the subsequent shelter-in-place ordinances, spending has generally decreased for Americans. Consumer preference shifts for essentials and reflecting on our values are shaping how we think about spending our time and money

Sep 29, 2020 |

Is Now the Right Time to Buy Your First Home?

Is Now the Right Time to Buy Your First Home?

There are millions of potential U.S. homebuyers sitting on the sidelines wondering if it is smart to buy their first house in the midst of a global pandemic. Unemployment is the highest it's ever been, COVID-19 cases are still rising in many places, a

Sep 23, 2020 | Purchasing a Home First-time Homebuyers

How the New Fed Policy Will Affect Your Mortgage Rates

How the New Fed Policy Will Affect Your Mortgage Rates

The U.S. Federal Reserve recently announced its new approach to monetary policy, setting the markets abuzz with rumors. Will mortgage interest rates remain low? Will they jump? Here’s what the Fed’s policy means for mortgage loans. Fed Policy

Sep 16, 2020 | Interest Rates Fixed Rate Mortgages

5 Ways to Save for a Down Payment

5 Ways to Save for a Down Payment

Are you thinking about making the leap from renter to homeowner? Owning a home has so many financial benefits compared to renting, so give yourself a high five for even considering the pursuit - it’s a big step! Purchasing a home is totally possibl

Sep 11, 2020 |

The Little-known Mortgage That Doesn’t Require a Down Payment

A conventional mortgage loan requires a 20% down payment. If you are a first-time homebuyer however, saving up tens of thousands of dollars can seem like an impossible task. Of course, there are loan programs, like FHA mortgages, that allow for low down p

Sep 09, 2020 | Government Loans USDA Loans