Purchase money mortgage – what is it?
A purchase-money mortgage transaction happens when the home seller issues a mortgage to the borrower, especially when the borrower does not qualify for a mortgage through the usual means. When…
A purchase-money mortgage transaction happens when the home seller issues a mortgage to the borrower, especially when the borrower does not qualify for a mortgage through the usual means. When…
Current refinance rates in Florida differ depending on the kind of mortgage you are looking for. A few options in the market are available for you, but these mortgages rely…
Using our mortgage calculator in Florida will help you get an idea of how much you need to prepare when you apply for a mortgage loan. With the economy still…
Jumbo mortgage loan, what is it? How is it different from the usual conventional loan? A jumbo mortgage loan has higher limits and is more complicated to close than a…
If you are thinking about the FHA country loan limits for this year, then you are on the right track! A new and increased limit for most single-family homes is…
Owning a home has great financial benefits, yet many continue to rent! Today, let’s look at the financial reasons why owning a home of your own has been a part…
[:en]There are many benefits to homeownership, but one of the top benefits is protecting yourself from rising rents by locking in your housing cost for the life of your mortgage.…
Have American Mortgage Corporation take a 2nd look Pricing and margins are different between providers for the same loan program. There are several rates available for each loan term. The lower the…
Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data, covering 2013-2016 was recently released. The study…
Some Highlights: Interest rates are projected to increase steadily heading into 2019. The higher your interest rate, the more money you end up paying for your home and the higher…