For first time homebuyers, the process of buying a home and the work involved can be overwhelming. As if searching for a real estate agent and a home wasn’t already enough, they then also have to familiarize themselves with all the nuances of getting a mortgage. While the process can be quite stressful, there are [...]Read More about What’s mortgage pre-approval, and how to get one?
While increasing and decreasing mortgage rates are often in the news, what news articles rarely offer is an insight into is whether a drop in rates would yield tangible benefits to you. Some people decide to refinance without understanding the true benefits. And some refrain from doing anything only because they don’t understand the implications [...]Read More about Is now a good time to refinance?
Would you believe it if we told you that the biggest determinant of your mortgage rate has nothing to do with your own financial situation? That is a surprise to many who hear about it. But it is true. Here we explain what that factor is and then talk in detail about all the other [...]Read More about How do lenders calculate your mortgage rate?
Refinancing a mortgage can potentially be a great financial strategy. Especially when the original mortgage was purchased at relatively unfavorable terms. However, there are definite costs associated with pursuing a refinance transaction, which is why it's important to understand when to refinance and why. In this Stem Lending post, we cover why you should consider [...]Read More about Mortgage Refinance 101: When to Refinance and Why?