The VA Home Loan program is without a doubt the best mortgage on the planet. Setting aside for a moment that this is a benefit afforded to those who have served our country in the military, there are other benefits…
Mortgage giant Freddie Mac regularly tracks and reports on average mortgage rates. Their most recent report, on May 12, 2016, notes that average rates have dipped to 3.57%. On the same date in 2015, they reported average rates of 3.85%--more…
“No closing costs!” “Apply for our No-Fee Mortgage today!” “Don’t get ripped off with those outrageous closing costs!” If any of these loud advertising claims sound familiar to you, it’s because some lenders flood the airwaves with their ads, and…
With mortgage rates nearing record lows in the first quarter of 2016, now is a better time than ever to finance a home in the Seattle area. Whether you’re looking to purchase more home or trying to keep your interest…
There are times when timing a refinance works out perfectly. Rates drop and are at record lows just when you get ready to lock and start the loan process. Other times you consider doing a home refinance, check mortgage rates and…
Summary: When deciding which mortgage company you will work with, there is more to consider than whether they were your realtor’s preferred lender or they had a low rate advertised online. Working with a trustworthy and reputable company that you…
What determines my mortgage rate? There are many factors that will determine what mortgage rate you will qualify for. Loan to value (LTV) – determined by your down payment or equity in your home Debt to income ratios (DTI) – determined…
You already own a home, but you heard that mortgage rates are great right now and you want to refinance to take advantage of the timing. Now you need to lock a rate so you don’t miss out if the…