How Much are Closing Costs on a House (And Who Pays Them)?
FinanceBuzz via Yahoo Finance· 4 days agoThe amount will depend on your interest rate and loan amount. Rate discount points If you want to...
VA cash-out refinance: How it works and how to get one
Fox Business· 7 days agoIn addition to closing costs, most homeowners will pay a VA funding fee. This one-time fee helps to...
The First-Time Homebuyer's Guide: Everything You Need to Know to Buy a Home
CNET· 3 hours agoThe first-time home buying process can feel especially daunting if you're not armed with the...
Like home prices, closing costs have also gone up
The Rogersville Review· 4 days agoCompetition for the right house, at the right price, at the best possible mortgage rate too often pushes planning for what happens at closing to the...
What is mortgage recasting and why should you do it?
FOX Business· 19 hours agoOnce you make the extra payment, your lender will reamortize (recalculate) your mortgage based on the new, lower principal balance. While the lump-sum...
If you have a bad credit score and still want to buy a house, consider these lenders
CNBC· 2 days agoFortunately, some lenders will still consider applicants with lower credit scores, typically if...
Today’s refinance rates tick lower
Bankrate.com· 1 day agoThe average 30-year fixed-refinance rate is 5.35 percent, down 18 basis points over the last seven days. The 15-year fixed refi average rate is now 4.73 percent, down 9 basis points from a week ago. The [...]
Do you have to put 20% down when buying a house? Here's what happens if you need to make a small...
CNBC· 7 days agoMaking a 20% down payment for a home purchase has been the rule of thumb for a very long time,...
What is a mortgage and how does it work?
CNBC· 5 days agoThe way to bypass that gigantic one-time transaction is by offering to pay a portion of the home's value upfront — this is called making a down payment —...
Mortgage broker vs. bank: Which Is better?
Colorado Springs Gazette· 4 days agoTo find the lowest interest rates and best terms, you will need to decide between working with a mortgage broker or bank to get your loan. Both offer a variety of mortgage ...