2 Feb 2023 What Are Discount Points – and Could They Save Y... When buying a home, you’ll look at plenty of interest rates and mortgage options to figure out the best way to finance your purchase. Over the course of your research, you might come across the term “discount points.” Discount points are an upfront cost you could pay to get a lower interest rate over the […] Share on Facebook Share on Twitter
30 Jan 2023 Mortgage News Weekly We are excited to share with you the latest updates and insights from the mortgage market Fed week! Everyone is expecting a much more tempered .25% increase from the Fed this week on Wednesday, and no, the Fed Funds rate is not the same as mortgage rates (short term debt vs long term debt) Still, it can indirectly affect mortgage rates confusing consumers that they […] Share on Facebook Share on Twitter
25 Jan 2023 VA Funding Fee: Your Questions Answered For eligible veterans, active-duty service members and surviving spouses who are hoping to become homeowners, the VA loan program can be a difference-maker. VA loans are a type of government loan, which is any loan insured or backed by the U.S. federal government. A VA home loan offers good interest rates, low- or no-down-payment options and […] Share on Facebook Share on Twitter
17 Jan 2023 Mortgage News Weekly We are excited to share with you the latest updates and insights from the mortgage market Mortgage Rates: Back to the rollercoaster. More improvement on Conventional conforming rates but movement elsewhere. Some clients were “lucky” and timed the market last week, but in all honesty, the first step is getting in contract on a property first. Then worry about rates! TECHNICALS Stabilizing […] Share on Facebook Share on Twitter
15 Jan 2023 Deducting Mortgage Points on Your Taxes: What You ... When you’re buying a home, you may be offered the option to pay “points” to lower your mortgage rate. But did you know that you can also deduct those points on your taxes? In this blog post, we’ll explore what mortgage points are, and how you can deduct them on your taxes. What are Mortgage […] Share on Facebook Share on Twitter
