5 Important Mortgage Questions First-Time Buyers Should Ask

Got Questions About Your First Mortgage? Of Course You Do!

Buying your first home is one of life’s most rewarding experiences. That is, when everything goes right. But unfortunately, a lot of first-time buyers wind up suffering from buyer’s regret because they were caught by surprise by things like closing costs and other fees, or they purchased a home that they can’t realistically afford, or they just had misconceptions about the home buying process.

The good thing is that by simply asking your lender the right questions, you can avoid a lot of the pitfalls that can negatively affect your experience. Here are five important mortgage questions you need to be asking your lender. more “5 Important Mortgage Questions First-Time Buyers Should Ask”

How to Determine the Best Time to Refinance Your Mortgage When Interest Rates Are Rising

When’s the Best Time to Refinance a Mortgage?

For most American homeowners, their mortgage payment is the single largest expense they pay every month. So, it is no surprise that when interest rates drop, homeowners by the score apply to refinance their loans to lower their rate, so they can save money.

But what happens when interest rates start heading the other way? Is it still a good idea to refinance your mortgage when interest rates are rising?

The answer depends on a few factors. In this guide, you’ll learn how to determine the best time to refinance your mortgage when interest rates are rising. more “How to Determine the Best Time to Refinance Your Mortgage When Interest Rates Are Rising”