Mortgage interest rates are getting worse, and buyers hoping for relief could be in for a rude awakening. I break down what’s pushing rates higher, how the bond market and our $40 trillion national debt play into it, and what could take mortgage rates toward 9% or back toward 6%. Read more…
Get refinance offers from multiple lenders all at once for free: https://tinyurl.com/yvypd5f5 Click “Show More” For Advertising Disclosure Learn how to refinance your mortgage to save money and lower your interest rate! https://cnn.it/35Ko6dS While the historic low mortgage rates we saw in 2020 appear to be gone, the 30-year fixed Read more…
VA helps Servicemembers, Veterans and eligible surviving spouses become homeowners. As part of our mission to serve you, we provide a home loan guaranty benefit and other housing-related programs to help you buy, build, repair, retain, or adapt a home for your own personal occupancy. Learn more about the program, Read more…
Are you considering an adjustable rate mortgage because of the lower interest rate and lower monthly payment? What is an adjustable rate mortgage? How do arm loans work? What are the pros and cons of using an adjustable rate loan? In this video, we discuss why arm loans are becoming Read more…
If you’re in the market for a new home, you may be wondering what type of mortgage to choose. There are two main types of mortgages: adjustable-rate mortgages (ARM) and fixed-rate mortgages. In this video, NerdWallet’s Kate Wood compares the two to help you decide which one is the best Read more…
This finance video tutorial explains how to calculate your monthly mortgage payment using the amortization formula. All you need is the principal loan balance, the loan term, and the fixed annual interest rate. Liquidity Ratios: https://www.youtube.com/watch?v=bmZVPks4yQg Assets, Liabilities, & Equity: The Short Ratio: Debt to Equity Ratio: Time Value of Read more…
Are you considering a cash out refinance or potentially looking to refinance to lower your monthly payment but not sure about the mortgage refinance process? What’s the difference in a cash out refinance vs home equity loan? In this video, we discuss when you should potentially consider refinancing, what documents Read more…
➡️ Schedule a FREE Personalized Mortgage Consultation 📞 with a Kelly Zitlow Group team member today! ☎️ https://bit.ly/3wERfRV or 📞 call or text 480.725.0150 Interested in a Conventional Mortgage? You may want to know the benefits of a conventional mortgage as well as the pros and cons! 🌎 Learn more Read more…
Even though conventional loans account for more than 80% of home loans used to purchase homes in the U.S., mortgages aren’t one size fits all. That’s where an FHA loan comes in, but what is it and is it right for you? Home Nerd Kate Wood has got you covered. Read more…
RocketMortgage.com has an easy-to-use mortgage calculator. Plug in your numbers, and calculate your homeownership costs! CLICK HERE: https://www.rocketmortgage.com/?qlsource=TRDs3ep8 Join us on this episode of the Red Desk as we navigate through the process of mortgage qualification! We’ll discuss key factors such as income, assets, credit scores, property types and much Read more…