FHA vs. Conventional Loan: The Pros and Cons
It’s time for another edition of mortgage match-ups: “FHA vs. conventional loan.” Our latest bout pits FHA loans against conventional loans, both of which are extremely popular home loan options for...
View ArticleMortgage Rates vs. Home Prices: Is There Really an Inverse Relationship...
Mortgage Q&A: “Mortgage rates vs. home prices.” Today, we’ll take a look at the impact of both home prices and mortgage rates on your decision to buy a piece of property, along with the...
View ArticleCash Out vs. HELOC vs. Home Equity Loan: Which Is the Best Option Right Now...
Cash Out Your First Mortgage or Take Out a HELOC/Home Equity Loan Instead? If you already have a mortgage and need cash You’ve got two main options to access your home equity Either refinance your...
View ArticleMortgage Rates vs. War: The Silver Lining
Sadly, there’s another war taking place, this time Russia’s invasion of neighboring Ukraine. While it doesn’t involve the United States directly, a dispute between Russia and effectively Europe has...
View Article5/1 ARM vs. 30-Year Fixed: What’s the Better Choice and Why?
Now that mortgage rates have jumped, it might be time to consider alternatives to the 30-year fixed, such as the once-popular “5/1 ARM.” Everyone has heard of the 30-year fixed-rate mortgage – it’s far...
View Article7/1 ARM vs. 30-Year Fixed Mortgage: Pros, Cons, and How Much Cheaper Are They?
When shopping for a mortgage, it’s very important to pick a suitable loan product for your unique situation. Lately, I’ve been discussing loan programs beyond the 30-year fixed, now that interest rates...
View Article10-Year Mortgages vs. the 30-Year Fixed: Are They Worth the Small Discount?
It’s time for another mortgage match-up folks. Today, we’ll look at 10-year mortgages versus the 30-year fixed mortgage to see how these home loans stack up against one another. My guess is the more...
View Article15-Year Fixed vs. 30-Year Fixed: The Pros and Cons
It’s time for another mortgage match-up: “15-year fixed vs. 30-year fixed.” As always, there is no one-size-fits-all solution because everyone is different and may have varying real estate and...
View ArticleMortgage Impounds vs. Paying Taxes and Insurance Yourself: The Pros and Cons
If you’ve been researching mortgages, or are in the process of taking out a home loan, you may have come across the term “impounds” or “escrows.” When you hear these seemingly complex words, the loan...
View ArticleHELOC vs. Credit Card: Why the Plastic May Work Out Better
You may have heard recently that “tappable” home equity has reached an all-time high, thanks to rapidly appreciating home prices and conservative borrowing on behalf of existing homeowners. If you...
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