The U.S. real estate market has been so hot over the past few years that many buyers may not have ever heard of seller concessions. With interest rates and inflation rising, the market has slowed down over the past couple months, meaning there may be more
Nov 03, 2022 | Purchasing a Home
The most common home loan, by far, is the 30-year fixed-rate mortgage. It spreads out the principal and interest in an amortized pattern over three decades, allowing for manageable payments. It’s a good solid loan structure beloved by lenders and borrower
Nov 01, 2022 | Purchasing a Home
Today is the day to eat candies and sweets to your heart's content. Thanks for making 2022 such a treat for us! All of us at Bainbridge Lending Group, LLC wish you a safe and spooky night with your loved ones. Happy Halloween!
Oct 31, 2022 |
Here are the weekly rates as of October 28, 2022: 30 Year Fixed Conforming: 6.750% (6.869% APR) 15 Year Fixed Conforming: 6.125% (6.296% APR) 7/6 Jumbo ARM: 6.625% (6.477% APR) 30 Year Fixed Jumbo: 6.625% (6.719% APR) For the weekly rate sheet PDF,
Oct 29, 2022 | Interest Rates Adjustable Rate Mortgages Fixed Rate Mortgages Conventional Loans Mortgage
In today’s turbulent economic atmosphere, financial hard times can hit any of us. If you are hoping to get a VA home loan but you have recently been through bankruptcy, you may be wondering what kind of restrictions you will face. The good news is that it
Oct 27, 2022 | VA Loans
Long-term mortgage interest rates have more than doubled in the past year and hit 14-year highs as of September 2022. If you bought a home in recent years with an adjustable-rate mortgage (ARM), it probably made a lot of sense at the time and helped you s
Oct 25, 2022 | Interest Rates