Understanding Interest Rates: How They Impact Your Home Loan
How Does Mortgage Interest Work?
When you take out a mortgage to buy a home, part of your monthly payment goes toward the loan balance (principal) and part goes toward interest. Interest is the cost of borrowing money, and it’s calculated as a percentage of your remaining loan...
Stronger Data Last Week Caused a Slight Rate Bump
As we head into the first week of December, mortgage rates are starting out just a bit higher than they were before the Thanksgiving holiday. The move was small, but it was driven by something important: stronger-than-expected economic data last week.
If you pressed pause on your home...
Home Prices Are Rising—Here’s Why That’s Great News
If you’ve been following the housing market, you’ve likely heard that home prices are still climbing. In fact, experts report a 3.4% increase year-over-year, with an expected 3.8% increase by 2026.
But don’t worry—this isn’t the runaway price surge we...
What Today’s Jobs Report Means for Mortgage Rates
Today’s mortgage rate movement came down to one thing: the long-awaited jobs report. And while the numbers were mixed, the overall effect was simple — mortgage rates held steady instead of rising.
Here’s what happened and what it means if you’re thinking...
Finding the Perfect Place: 9 Questions to Guide Your Move
A guide for finding a home you love in a place that feels like home.
Deciding where to live—whether for a year or a lifetime—requires considering a mix of personal, financial, and lifestyle factors. From job opportunities to community vibes, each aspect can play a crucial...
Powered By LenderHomePage.com