Long-term mortgage interest rates have more than doubled in the past year and hit 14-year highs as of September 2022. If you bought a home in recent years with an adjustable-rate mortgage (ARM), it probably made a lot of sense at the time and helped you s
Oct 25, 2022 | Interest Rates
Public school teachers are in high demand right now. A recent study estimates that there are 36,000 open teacher positions across the U.S. right now. Perhaps the rising teacher shortage is due to the extra stresses placed on educators because of the COVID
Oct 20, 2022 | Purchasing a Home
The Federal Reserve’s September interest rate hike marks the fifth straight increase in 2022. What does that mean for the mortgage world? Fed Rate Hikes The Federal Reserve is in charge of maintaining a healthy level of inflation and employment in the U.S
Oct 18, 2022 | Interest Rates
Homeowner equity is near all-time highs right now as home prices have skyrocketed over the past few years. And while mortgage rates have been creeping up, they are still near low, historically speaking, making it a great time to tap that home equity for o
Oct 13, 2022 | Credit
In today’s competitive housing market, it is smart to look at all the possible avenues for becoming a homeowner. Especially if you are a first-time buyer or have less-than-perfect credit, it can be difficult to break into the market. One option you could
Oct 11, 2022 | Purchasing a Home
Your credit score has a huge impact on the homebuying process. You probably already know that it will be a big factor in determining if you qualify for a mortgage loan and what type of interest rate you will be offered. However, you may not be aware that
Oct 06, 2022 | Credit