If you’re familiar with private mortgage insurance (PMI), your gut reaction to that question is probably: it doesn’t. After all, the insurance is paid for by the homebuyer and it only protects the lender. Most articles about PMI focus on how to avoid paying it…
Planning to buy a home this year? If you’ve been keeping a nervous eye on news from the Federal Reserve, wondering if you’re missing out on your best mortgage rate because you’re not ready to close, an extended rate lock might be just the thing…
Buying a home soon? Be sure to weigh your mortgage options. Click on each loan type in the chart to see if it might fit your situation. Remember, this is just a simplified starting point. Multiple loan options may be available to you. Your best…
With so much going on in life, it can be easy to overlook your insurance policies. National Insurance Awareness Day is celebrated annually on June 28, to serve as a reminder to take stock of your current insurance coverage and make any necessary adjustments. From…
Aside from finding a good real estate agent, choosing a mortgage lender is a key step before actively hitting the market in search of a new home—unless you’re paying all cash, that is. Equipped with a mortgage loan preapproval, you’ll have a much better chance…
Student debt is a hot topic these days, and little wonder: approximately 44.7 million Americans were paying back student loans as of 2017, according to the Federal Reserve Bank of New York (spreadsheet). If you’re one of them and have hopes of purchasing a home,…
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