When To Refinance Your Mortgage — and When Not To
It’s not just about chasing a lower rate. Here’s how to tell if refinancing actually makes sense for you right now.
ARM vs. Fixed-Rate Mortgage: Differences and How to Choose
ARM rates start low, and payments can go up or down over time. Fixed rates are stable for the life of the loan.
How Much Does It Cost To Refinance a Mortgage?
Most refinances cost 2% to 6% of the new loan amount — and even a “no closing costs” refinance doesn’t come free.
How to Make a Cash Offer With a Mortgage
Cash-offer financing programs give buyers who need mortgages the ability to make cash offers on homes.
What Are Non-QM Loans?
For creditworthy borrowers who don’t meet traditional lending requirements, a non-QM loan can provide a (more expensive) path to homeownership.
What Is an Energy-Efficient Mortgage?
These niche loans help you buy an energy-efficient home or finance energy-saving upgrades.
Mortgage Rate Buydowns: How They Help Buyers Afford Homes and Sellers Attract Offers
A “temporary buydown" is a strategy some sellers, builders and lenders use to reduce a buyer’s monthly mortgage payments during the first few years of the loan term, helping make the purchase more affordable.
What Is a 10-Year Adjustable-Rate Mortgage?
A 10-year ARM has an introductory interest rate for the first 10 years. The rate adjusts every six months afterward.
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What Is a 5-Year Adjustable-Rate Mortgage?
A 5-year ARM has an introductory interest rate for five years. After that, the rate changes every six months.
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10 Mortgage Lenders Serving Black Communities
Black-led lenders make more home loans to Black borrowers — and they can be a good fit for allies, too.
Mortgage Points: Should You Pay These Optional Fees?
Paying for mortgage points reduces your interest rate, but whether they're worth it depends on how long you stay in the home.
How Much Do Mortgage Brokers Make?
From lender-paid commissions to borrower fees, mortgage broker earnings come from various moving parts.
Using a Mortgage Broker vs. a Bank
A mortgage broker can offer a wider array of options and streamline the mortgage process, but working directly with a bank gives you more control and may cost less.
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How Much Does It Cost to Build a House?
How much building a house costs depends on factors such as the home’s size and location, as well as the costs of material and labor.
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FHA Streamline Refinance vs. FHA Cash-Out Refinance: Which Is Right for You?
With an FHA refinance, you can lower your monthly payments, shorten your loan term or access a lump sum of cash.
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First-Time Home Buyer Metro Affordability Report – Q4 2020
A seasonal dip in supply along with high prices further constrained options for first-time buyers in the fourth quarter.
How Soon Can You Refinance a Mortgage? Here Are the Rules
Some mortgages let you refinance immediately after getting the original loan. Others require a "seasoning" period to elapse.