During the mortgage application process, you will receive a very important document called the Loan Estimate (LE). This three-page form will provide you with detailed information about your proposed mortgage. Here’s what you need to know to effectively ma
When you buy a home or refinance your mortgage, you should expect to pay closing costs. What are these fees and what is it you are paying for? Closing Costs Defined Closing costs are charges for basically all the services it takes to put together a mortga
Inflation rates in the U.S. rose to unusually high levels over the past few years. While the Federal Reserve is making headway on bringing rates down, it can still feel like your buying power is being quickly eroded. High interest rates may have scared yo
The U.S. real estate market has had an extremely low inventory of available homes over the past two years thanks to enormous demand. That has resulted in longer home searches for potential buyers. The National Association of Realtors recently reported tha
Earning and keeping a perfect credit score is a great goal, but there are plenty of myths out there about how to achieve it. Since having a great score is essential for everything from getting approved for a mortgage to getting a car loan to even getting
Buying a home for the first time is a big deal. Whether your first purchase is your last or if it is a stepping stone to a larger one in the future, there is a lot to think about and understand as you settle on the right home. Here are 5 things every firs