Tag: Mortgage

This type of reality makes me angry and a little sad. However, it also helps pave light at the end of the tunnel. Today, we sum up the anger, sadness and refreshingly subsequent light. Longish story short from an article I saw the other day — Jonathan and Shalom in Seattle...

Although it can be a difficult process, buying a home is a thrilling milestone in everyone’s life. Before even thinking about the type of property you want to buy, you must have a plan in place. We’ll talk about the value of creating a budget in this blog, the importance of getting pre-a...

This field, while complex, forms the backbone of countless property transactions and ownership structures across the United States. Our goal here is to provide a clear, concise introduction to the key elements of mortgage law. At its core, a mortgage is a loan agreement where real property is u...

The Federal Reserve (Fed) meets regularly and announces, with great fanfare, its “Federal Funds Rate(FFR).” But what is this interest rate and what does it influence? The FFR is the rate at which commercial banks borrow and lend their excess reserves to each other overnight. It is thi...

Whether you should pay off your home loan early or not is a topic of perennial debate. It depends on a number of factors including your financial situation and retirement plan. Read on to find out more. If I have to pick the most disturbing word in the English language, it has to be ‘mortga...

My friend bought a house recently on the East Coast — his first one — and he was catching me up on how his first year of living there has gone. One of the things he mentioned was that he had made a larger than planned down payment on the house of 20% in order to not have to purchase P...

Like any changing model, eClosings can be done via several hybrid methods, but a fully digital mortgage is exactly that: applying for, getting approved, and completing paperwork for a paperless mortgage done 100% online. Even old money is coming around as the benefits of a digital mortgage far outwe...