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Fixed-Rate Mortgages
Pros & Cons: Fixed rate mortgage, Fixed rate loan, Fixed rate mortgage rates, Fixed rate loan terms, Fixed rate mortgage pros, Fixed rate mortgage cons, Fixed rate mortgage vs ARM, Fixed rate mortgage calculator, Fixed rate mortgage refinance, Fixed rate mortgage guide,…
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Is a mortgage recast cheaper than refinancing after a lump-sum payment?
I’m comparing three options for a fixed-rate mortgage and would appreciate help checking the numbers. The loan currently has: - Balance: $318,000 - Interest rate: 6.25% fixed -…
Why I went with a fixed rate mortgage (and maybe you should too?)
Locked in a fixed rate last year and honestly, it’s been a relief not stressing about rate hikes every few months. Sure, maybe I’m missing out if rates…
Why Conforming Loans Are a Great Option for Homebuyers
Hey everyone, If you’re looking to buy a home, you’ve likely heard of conforming loans. These are mortgages that follow guidelines set by Fannie Mae and Freddie Mac.…
HOW I SHAVED YEARS OFF MY MORTGAGE WITH ONE SIMPLE TRICK
I stumbled onto this tip kinda by accident, but turns out paying half your monthly mortgage every two weeks instead of once a month can seriously cut down…