Refinancing – Is Now the Time?

Refinancing – Is Now the Time?

As mortgage rates continue to stay low, many homeowners are giving thoughtful consideration to refinancing–the process of replacing an existing mortgage with a new one, usually giving the homeowner a more affordable rate or more favorable terms. While refinancing a...
Rates are low! Why refinancing to a 15 year may be worth a look.

Rates are low! Why refinancing to a 15 year may be worth a look.

Thinking about switching up your mortgage structure to save money? Today’s lower rates could mean now is a great time to refinance your mortgage, and shave off extra time and interest if you refinance into a shorter loan term. Low Rates In case you haven’t been...
Are home prices still on the rise?

Are home prices still on the rise?

In the luxury home market, sales in the $750,000 to $1,000,000 range have increased by 15 percent in 2016 over 2015 sales. In the over $1,000,000 category, the increase is smaller at 12% but still significant. While home prices for lower priced homes are going up at...
Mortgage Mistakes to Avoid Part II

Mortgage Mistakes to Avoid Part II

Getting a mortgage is exciting, but it can be pretty stressful, too. After all, a mortgage is likely the largest financial transaction you’ll make in your lifetime, so for most borrowers, the pressure’s high to get everything right. In order to alleviate some of that...
Conforming vs Non-Conforming Loans – What’s the Difference?

Conforming vs Non-Conforming Loans – What’s the Difference?

In your home financing search, you may have come across the terms ‘conforming’ and ‘non-conforming’ loans and wondered, what exactly is the difference between the two? In this post, we’ll explore conforming and non-conforming home loans and highlight their key...