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How the New Fed Policy Will Affect Your Mortgage Rates
The U.S. Federal Reserve recently announced its new approach to monetary policy, setting the markets abuzz with rumors. Will mortgage interest rates remain low? Will they jump? Here’s what the F Sep 16, 2020
How to Calculate Your Debt-to-Income Ratio
When you are ready to apply for a mortgage loan, your lender will ask you for all sorts of financial information. One of the things lenders do with this data is to calculate your debt-to-income (DTI) Apr 17, 2019
What Are Mortgage Points?
If you have ever checked out the current status of mortgage interest rates, you may have seen the average points listed next to the rates. What are these points and how do they affect your interest ra Feb 06, 2019
Jumbo Loan Basics
The majority of homes around the country are purchased with the aid of traditional, conforming mortgage loans. Yet when home prices rise quickly, many markets have price tags that are too high for the Nov 14, 2018