Managing a Home Loan

Managing a Home Loan

Understanding Mortgage Points: Should You Buy Them?

What Are Mortgage Points? Mortgage points, or discount points, are fees paid upfront to lower your interest rate. Each point…

Managing a Home Loan

What Is Mortgage Pre-Approval and Why Does It Matter?

Understanding Mortgage Pre-Approval Mortgage pre-approval is a lender’s confirmation that you qualify for a loan, based on your financial background.…

Managing a Home Loan

How to Qualify for a Lower Mortgage Interest Rate

Why Your Mortgage Interest Rate Matters A lower interest rate can save you thousands over the life of your mortgage.…

Managing a Home Loan

Pros and Cons of a Fixed-Rate Mortgage vs. Adjustable-Rate Mortgage

Understanding Mortgage Types Choosing between a fixed-rate mortgage and an adjustable-rate mortgage (ARM) affects your long-term financial stability. Understanding the…