Mortgage Payments

In today’s interest rate environment, homeowners are looking for smart ways to save money and build equity faster. One increasingly popular strategy is switching from monthly to bi-weekly mortgage payments. But is it right for you? This article explores the pros and cons of bi-weekly mortgage payments, including how they work, who benefits most, and what to watch out for.'

Wondering how much income should go toward a mortgage? Learn the common affordability rules, which housing costs to include, and how to set a payment that fits your budget.'

There are several steps every borrower and potential homebuyer needs to take in order to successfully secure and maintain a mortgage, including budgeting and saving up for a home emergency fund.'

A lump sum mortgage payment can reduce interest costs, but it does not always lower your monthly payment. Learn how principal prepayments differ from mortgage recasting and when each option may make sense.'

How does my mortgage loan get broken down into monthly payments? What all is included in the monthly payment? This article will break things down for you. '

Oregon buyers and homeowners have several ways to reduce a monthly mortgage payment. Review the trade-offs behind down payments, home price, loan term, points, refinancing, and escrow costs before choosing a strategy.'