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Home Buying Options for Teachers

Home Buying Options for Teachers

Public school teachers are in high demand right now. A recent study estimates that there are 36,000 open teacher positions across the U.S. right now. Perhaps the rising teacher shortage is due to the extra stresses placed on educators because of the COVID

Oct 20, 2022 | Purchasing a Home

What The Latest Fed Rate Hike Means for Mortgages

What The Latest Fed Rate Hike Means for Mortgages

The Federal Reserve’s September interest rate hike marks the fifth straight increase in 2022. What does that mean for the mortgage world? Fed Rate Hikes The Federal Reserve is in charge of maintaining a healthy level of inflation and employment in the U.S

Oct 18, 2022 | Interest Rates

Weekly Rate Update for October 14, 2022

Weekly Rate Update for October 14, 2022

Here are the weekly rates as of October 14, 2022: 30 Year Fixed Conforming: 6.875% (6.965% APR) 15 Year Fixed Conforming: 6.375% (6.548% APR) 7/6 Jumbo ARM: 6.625% (5.610% APR) 30 Year Fixed Jumbo: 6.375% (6.527% APR) For the weekly rate sheet PDF,

Oct 16, 2022 | Interest Rates Fixed Rate Mortgages Adjustable Rate Mortgages Mortgages Jumbo Loans

What's the difference between a Home Equity Loan and a Home Equity Line of Credit

What's the difference between a Home Equity Loan and a Home Equity Line of Credit

Homeowner equity is near all-time highs right now as home prices have skyrocketed over the past few years. And while mortgage rates have been creeping up, they are still near low, historically speaking, making it a great time to tap that home equity for o

Oct 13, 2022 | Credit

HUD Homes - Another Option for Buyers and Investors

HUD Homes - Another Option for Buyers and Investors

In today’s competitive housing market, it is smart to look at all the possible avenues for becoming a homeowner. Especially if you are a first-time buyer or have less-than-perfect credit, it can be difficult to break into the market. One option you could

Oct 11, 2022 | Purchasing a Home

Weekly Rate Update for October 7, 2022

Weekly Rate Update for October 7, 2022

Here are the weekly rates for October 7, 2022: 30 Year Fixed Conforming: 6.750% (6.832% APR) 15 Year Fixed Conforming: 6.500% (6.666% APR) 7/6 Jumbo ARM: 6.375% (5.457% APR) 30 Year Fixed Jumbo: 6.000% (6.147% APR) For the rate sheet PDF, click here

Oct 07, 2022 | Interest Rates Fixed Rate Mortgages Adjustable Rate Mortgages Mortgages Jumbo Loans

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