What is private mortgage insurance?

What is private mortgage insurance?

You may have heard about it, but as a first-time homebuyer, you may have questions about private mortgage insurance (PMI). Let's start with who pays for it. The most common arrangement is for the borrower to include PMI payments in their monthly mortgage. You'll learn...
5 ways to prepare for spring buying season

5 ways to prepare for spring buying season

Prime homebuying season (spring) will soon be in full swing. As home buyers and sellers prepare for a successful experience, there are several actions you can do today to maximize your efforts. If you've decided on selling your home this year, here are a few ways to...
Refinancing applications surge as rates continue to fall

Refinancing applications surge as rates continue to fall

Spurred by ongoing reductions to mortgage rates, the refinancing world is spinning a little faster these days. According to the Mortgage Banker Association, the volume of loan applications rose substantially to close out the first month of the year. The association's...
Experts predict continued rate drops in 2020

Experts predict continued rate drops in 2020

This past year brought many unexpected and exciting trends in the mortgage world; namely, significant drops in rates that surprised industry experts and homebuyers alike. Industry forecasters are predicting that 2020 will be another banner year for low rates,...