15 Ways to Build Home Equity Faster
Building home equity is a smart financial move that helps you increase the value of your investment while opening opportunities for borrowing, such as a Home Equity…
How to Calculate Your Mortgage Rate
Your mortgage rate determines how much you’ll pay in interest over the life of your home loan. Understanding how mortgage rates are calculated can help you secure…
What Is Private Mortgage Insurance (PMI)?
Private Mortgage Insurance (PMI) is a type of insurance that protects lenders in case a borrower defaults on their home loan. PMI is typically required for conventional…
How to Budget for a Home in a Rising Interest Rate Environment
Recent interest rate hikes have made budgeting for a home more challenging than in previous years. Rising home prices, increasing mortgage rates, and overall economic inflation have…
Should You Use a Private Mortgage Company? Key Considerations
When looking for a home loan, borrowers typically choose between traditional banks, credit unions, and private mortgage companies. Private mortgage lenders can offer flexible loan options, faster…