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Tag: Mortgage Options

Posted on 07/11/2023
Conventional mortgages: Here's what you should know
Conventional mortgages are the most popular form of home financing for buyers in the United States. However, it may not always be clear how these loans differ from other loans, such as those provided by government agencies. To help you gain a better understanding of conventional loan basics, here is a quick guide with further information: The best...
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Posted on 04/26/2023
Fixed or adjusted mortgage: How to decide
When deciding between loan options, one of the first things to consider is whether you want a fixed or adjusted mortgage. An adjusted or adjustable rate mortgage can be an excellent choice for certain financial situations, while fixed rate mortgages might provide more advantages. To help you decide which option works best for you, here are some more...
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Posted on 04/05/2023
Are mortgage points worth it? Factors to consider
When considering the myriad choices for home financing, homebuyers might wonder, “Are mortgage points worth it?” By paying special fees to the lender, you can sometimes get a lower interest rate. However, the points are no small expense. It’s important to weigh the pros and cons before deciding. What are points on a mortgage? Mortgage points, also called...
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Posted on 01/13/2023
Finding the best mortgage rate: Compare & choose carefully
If you’re trying to find the best possible mortgage rate, compare and research your options carefully. Similarly to when comparison-shopping for products or services, the more you know about the choices available to you, the better your decision will be. However, mortgage rates are more complicated than other types of comparison shopping. With multiple factors determining interest rates,...
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