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How a Mortgage Rate is Determined

How a Mortgage Rate is Determined

Like death and taxes, mortgage rates seem to be one of those unavoidable pains in life. Most people looking for a mortgage want the lowest rate possible, but many don’t understand what determines a mortgage rate in the first place. Since your bank or mortgage broker...
Options for First Time Home Buyers

Options for First Time Home Buyers

One of the most important first steps in buying a home is the down payment. The bigger the down payment, the lower your mortgage rates and the better easier it is to pay off your home. The problem is that saving up for an initial down payment can be daunting and...