Interest Rates

points and credits

If you’re looking to buy a new home or refinance your current one, you may have heard the terms mortgage points or credits being thrown around. So, what are those and what do they do for you? And when do you know if you should take them out? Points and Credits Defined Before deciding your… Read More


Calculations regarding the duration and amount of the loan coupled with changing interest rates can make it a scary prospect. Get familiar with your current agreement with your lender to make sure you are making an educated choice.… Read More


Something needs to be done. If you are struggling to find a solution to financial problems, then you should cash in on your biggest investment: your home. It might not seem obvious at first. There are a lot of expenses associated with refinancing, but it could prevent foreclosure and help in other ways, too. Refinancing… Read More


For many, a home mortgage is the largest debt they will ever owe, attached to the most valuable asset they will ever own. For first-time home buyers or those considering homeownership, understanding the ins and outs of obtaining a home mortgage and how it will impact their finances is crucial. If buying a home is… Read More


It’s an important question to ask, as each type of loan can reflect a long-term financial commitment. If either was as simple as the name would suggest, borrowers would have little difficulty choosing between the two. Before you make your decision, it pays to learn the essentials of fixed vs. adjustable loans.… Read More