Top 30 Home Buying Blogs By WM Font size :. Centum Mortgage Choice’s blog offers in-depth explanations of some confusing terms and policies that buyers and/or borrowers may come across during the process.. resources include a detailed explanation of the buying process in Canada.
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Likewise, if you have a 15-year fixed-rate mortgage, you might consider refinancing to a 10-year fixed rate mortgage. While your monthly mortgage payments will generally be higher with a shorter-term mortgage, paying off your home faster can save you thousands of dollars in interest in the long run.
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Mortgage rates are dropping to fresh lows. July could provide some of the lowest rates seen in over 2 years. This is the chance mortgage rate shoppers have been waiting for.
So, how does a reverse mortgage work? Aptly, it works in the opposite way as a traditional home mortgage. While a traditional mortgage finds the homeowner paying their balance monthly to the bank, a reverse mortgage works by allowing the homeowner to leverage the equity of the house that they own to receive money from the bank.
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One-stop shop for leading mortgage insights. The Loan Officer Hub mortgage blog is designed to be a one-stop-shop for leading mortgage insights for loan officers who are interested in increasing their knowledge in areas related to mortgage trends, referral strategies, real estate insights, consumer content and social media tips.
· Friday, 24 May 2019 by America’s Mortgage Resource News that impacts senior housing is BIG news in the real estate market. The Greatest Generation causes economic swings at every stage of their lives, and now that they’re entering the retirement years.
In the unfortunate event that you’re left with a mortgage after a death or a divorce, you may wonder what will become of your home? And what sort of next steps do you need to consider? But don’t worry, there’s help and plenty of resources for such moments in life. First and foremost, seek out legal counsel as soon as possible.
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