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How the Federal Reserve Influences Mortgage Rates: A Deep Dive
In the financial labyrinth, the intricate link between the Federal Reserve’s interest rates and mortgage rates often perplexes both novice and seasoned
The Benefits of a Conventional Mortgage vs. Government-Backed Mortgages
Buying a home is a significant financial decision, and choosing the right mortgage type for your situation is a crucial part of
How to Qualify for a Conventional Mortgage: Top Tips and Guidelines
For many people, owning a home is a major life goal. One of the most common ways to achieve this goal is
Understanding Conventional Mortgages: A Comprehensive Guide for Beginners
Hello there! I’m Ashley Hickmon from Fairway Fast Mortgage, and I’m here to guide you through the seemingly complex landscape of conventional
Everything You Need to Know About Cash-Out Refinance
If you’ve been following the real estate market at all, you’ve probably picked up on the fact that property values have been
Expat Mortgages: Home Loans in the USA for Foreigners
The United States is the third-largest country in the world, with a vast diversity of cultures and climates. There is truly something
Your Guide to Getting a Mortgage in Colorado
Each year, thousands of people flock to Colorado to take advantage of a growing economy, lower cost of living, and an outdoor
Home Loans for Veterinarians
As a doctor of veterinary medicine, many face the same challenges as practitioners in health and dental medicine do. How to finance or become part of a practice, pay for student loans and generate ample income to afford housing purchase requirements are all at the forefront once leaving school.
Lending for Doctors: What Is a Physician Loan?
Did you know that, according to Fortunly, the percentage of US homeowners with mortgages is 63%—and that the annual number of homes
Home Loans for New Doctors
The path to a medical career comes with many challenges before a doctor can break away and chart a course for a
Mortgages in the Pandemic
By Mindy Leisure With all the craziness and changes going on in the world today it is easy to get confused with
Financial Moves To Make During The Coronavirus Outbreak
The #1 move every current and/or prospective homeowner should make is to check the latest mortgage rates for a refinance or purchase.
5 Reasons to Buy a House in Winter
LESS COMPETITION Consumers typically buy homes in the spring and summer, so the demand for housing during winter months ismuch lower. You’ll
Loan Limits as of 1/1/2020:
Great News – FHA’s new, Higher loan limits are effective with case numbers (basically contracts) pulled on or after 1-1-2020. And the
Mortgage Myth: The VA funding fee is different depending on your military type…Not Anymore!
If you are a Veteran and are looking to purchase a home, purchasing before the end of 2019 would be advisable due
Myth: A 30 year fixed mortgage is the best option
There could be some truth to this myth, if you plan on living in the house for a long time. If you
Myth: APR and Interest Rate are the same thing.
When consumers borrow money from a financial institution, the interest paid on the loan is the largest, but not the only component
Mortgage Myth: The Mortgage Process is Difficult
This is the classic myth. Mortgages are notorious for being difficult and stressful. In reality, it’s all about the lender. Some lenders
Myth: Lenders will sell your personal information
Lenders themselves will not sell your personal information to telemarketers. However, your information can still be distributed. When you apply for a
Mortgage Myth: Calculating payments
Buyers often believe that only their loan amount and interest rate determine their monthly mortgage payments. Many buyers, especially first-time buyers, get
Myth: Closing costs are the same as the Closing Fee
I get asked frequently about the closing costs associated with getting a new mortgage. Many people think that when the closing fee