The Year of Rising Mortgage Rates? Read More at %LO Blog Page%

The Year of Rising Mortgage Rates? This is the year. Then again, “this is the year” has been the mantra of prognosticators for the past five years. This is the year interest rates will rise. You could hardly blame someone for venturing out on the same limb to offer another higher-rate prognostication in 2018. 2017 … Continue reading The Year of Rising Mortgage Rates? Read More at %LO Blog Page%

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The Year of Rising Mortgage Rates? Read More at %LO Blog Page%

The Year of Rising Mortgage Rates? This is the year. Then again, “this is the year” has been the mantra of prognosticators for the past five years. This is the year interest rates will rise. You could hardly blame someone for venturing out on the same limb to offer another higher-rate prognostication in 2018. 2017 … Continue reading The Year of Rising Mortgage Rates? Read More at %LO Blog Page%

Housing Maintains Its Market Lead

Housing has been the one constant since the 2008-2009 recession. Housing has consistently trended higher with activity. We’ve seen it in new-home sales. We’ve seen it in new-home starts. Starts, in particular, appear to have moved to a higher plane. Starts rose 3.3% to 1.297 million on an annualized rate in November. Starts for single-family … Continue reading Housing Maintains Its Market Lead

The Field Guide to Mortgage Calculators

Sorting through the math involved in buying a home requires more than a device or app that adds and subtracts. That's why mortgage calculators have proliferated online. They come in many different forms and offer a surprising variety of functions to help us understand the financial implications of buying and owning a home. Why use … Continue reading The Field Guide to Mortgage Calculators

What is Mortgage Preapproval and Why is it Important?

Mortgage preapproval is often one of the first steps you will take in the complex process of buying a home. Like many other aspects of homebuying, it's one that's shrouded in mystery and its fair share of misconceptions. Particularly if you're a first-time buyer, it's essential to understand what mortgage preapproval is, why it's important … Continue reading What is Mortgage Preapproval and Why is it Important?