Mortgage Interest Rate: Things to Consider That Can Change Rate
Are you looking for the best mortgage interest rate to buy a second home or a home? Then, the smartest thing to do is to use the RateChecker Calculator. This mortgage interest rate calculator will calculate how much your monthly house payment will be, making it easier to get a ...
Recent Mortgage Mergers and Layoffs: An Overwhelming List
Yes, you have read it right, we are going to share a list of recent mortgage mergers and layoffs here. Economic depressions and foreclosures of big companies have been common for centuries. Rewinding back to the Great Depression, many banks failed at that time, but they were not due to ...
Loan-to-Value Ratio (LTV): Your Ultimate Guide
The (LTV) loan-to-value ratio is a financial measure that compares the size of the home loan to the value of an asset purchased with the loan's proceeds. Financial companies and lenders examine the LTV ratio to determine the risk associated with the home loans before approving any mortgage. Typically, loans ...
Down Payment Money: Where Should You Save It
Where Should You Save Your Down Payment Money? Saving for an initial deposit or down payment money on a house takes time. And while building your credit, you have many options to keep your down payment money safe—some methods can even be profitable over time. You may be excited to ...
Top 5 Factors Mortgage Lenders Consider
The housing market has depreciated since the housing crisis, and lending institutions are scrutinizing mortgage applications. Lenders consider various credentials and factors before deciding whether to grant a loan to a potential candidate. Read more to learn these five factors that mortgage lenders consider. Factors that mortgage lenders consider 1. ...
Fixed Interest Rate (FIR): All You Need To Know About It
What Is a Fixed Interest Rate (FIR)? A fixed interest rate (FIR) is a constant rate charged on liabilities, such as mortgages or home loans. It can be applied to the entire loan term or for part of the term, but it remains unchanged for a specific period. A mortgage ...
