What Should You Watch Out for When Finding a Mortgage Broker?

What Should You Watch Out for When Finding a Mortgage Broker?

Whether you are buying your first home or your next home, the person you choose to serve as your mortgage broker will become one of the most important people in your life over the coming weeks. They will be responsible for helping you get the right mortgage product based on your unique needs and situation, and for guiding you through the process of borrowing the funds you need to finance your home.

Because of the role your mortgage broker plays, it is vital that you have complete trust in them to act with your best interests in mind. But unfortunately, while you would think that all mortgage brokers would adhere to a code of ethics and a set of standards, this isn’t always the case. more “What Should You Watch Out for When Finding a Mortgage Broker?”

Key Questions to Ask Before Refinancing Your Mortgage This Summer

Refinancing Your Mortgage? Be Prepared With These Questions

The 2022 housing market is nothing if not unpredictable. With interest rates rising faster than expected through the year’s first six months, the rates have suddenly changed direction and started dropping again, albeit slowly. With rates falling back closer to 5%, more homeowners will no doubt be looking to capitalize on something that they might have been worried about missing out on this year – refinancing their mortgages.

But before you go jumping into the deep end without looking, there is still a lot to consider before choosing to refinance your mortgage if you want to get into a better position to reach your financial goals. Here are six key questions to ask your lender before refinancing your mortgage this summer. more “Key Questions to Ask Before Refinancing Your Mortgage This Summer”