Tag: Mortgage - Dana-Jean LaFever

Tag: Mortgage

Posted on 08/13/2024

30-Year mortgages: A brief guide

Most homebuyers, even those just starting their...

15 Year Mortgage

30 Year Mortgage

Posted on 09/19/2023

The basics of a 15-year fixed mortgage

Prospective homebuyers and current homeowners know that a...

15 Year Mortgage

Fixed Rate Mortgage

Posted on 05/23/2023

The pros and cons of mortgage points

When buying a home, many homebuyers tend to search for the...

Posted on 12/06/2022

What is a mortgage prepayment penalty?

Mortgage lenders make money primarily through interest...

Prepayment Penalty

Prepayment Penalties

Posted on 11/01/2022

What is the term of a mortgage? Your questions answered

A major aspect of financing a home is choosing the “term”...

Adjustable Rate Mortgage

Fixed Rate Mortgage

Posted on 03/30/2021

How Should Interest Rates Influence When You Buy?

Photo by Doubletree Studio via Shutterstock Interest rates rise in correlation to inflation and other economic activity. When that happens, it can increase housing costs. But the question is, should it prompt you to buy sooner than you’re ready? The Right Time Is Now In real estate, the right time is always now for someone. Is it the...

Posted on 03/16/2021

Quick Tips for Paying off Your Mortgage

Photo by ESB Professional via Shutterstock If the thought of getting a mortgage and being in that much debt is stopping you from buying a home, plan to pay it off. Here’s how you can do it in just five to 10 years. Live well below your means. If you can keep your mortgage payment to below twenty...

Posted on 08/18/2020

Mortgage: What are Points?

Photo by Precondo via Pixabay Some mortgage companies offer loans with points. In a nutshell, paying points means paying down the interest rate. One point is equal to 1 percent of the mortgage amount. On a $200,000 mortgage, one point is $2,000. The percentage the interest rate lowers depends on the mortgage company and the market. For example,...

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Century 21 Redwood Realty participates, and is provided by BRIGHT through a licensing agreement. Information Deemed Reliable But Not Guaranteed. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright© 2024, BRIGHT, All Rights Reserved. Information last updated as of 09/19/2024 01:24 PM.