If you’re asking yourself whether LendingTree is legit, you have every right to do so. After all, you’re about to take on a big financial obligation (whether it is a mortgage loan or a personal loan). Your objective is to save money, so you want to find a lender with the best mortgage rate. But …
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The post Is LendingTree Legit, Safe or Scams? appeared first on GrowthRapidly.
Mortgage Q&A: âWhen to refinance a home mortgage.â With mortgage rates at or near record lows, you may be wondering if now is a good time to refinance. Heck, your neighbors just did and now they’re bragging about their shiny new low rate. The popular 30-year fixed-rate mortgage slipped to 2.80% last week, per Freddie [&hellip
The post When to Refinance a Home Mortgage: Now, Later, or Never? first appeared on The Truth About Mortgage.
Itâs time for another match-up, this time weâll compare buying a new home versus purchasing an old one. For the record, some home builders refer to existing homes as âused,â which sounds kind of silly considering we’re talking about a house and not a car. Ultimately, it’s a marketing gimmick to sway you toward buying [&hellip
The post Should You Buy a New Home or an Old Home? first appeared on The Truth About Mortgage.
Thereâs nothing inherently wrong with living with your parents, other than EVERYTHING! So letâs talk about how to GET OUT! To be clear, Iâm going to discuss moving out and buying a place of your own, not moving out and renting, seeing that the latter is fairly self-explanatory. The desire to move out might be [&hellip
The post How to Move Out of Your Parents House first appeared on The Truth About Mortgage.
The co-founder and CEO of a so-called âtech-enabled residential mortgage servicerâ named Valon (formerly Peach Street) has warned we could be on the brink of another foreclosure crisis. While real estate is flying high at the moment, itâs appears that two very different stories are unfolding at the same exact time. On the one hand, [&hellip
The post The CEO of a Tech-Enabled Loan Servicer Believes We Might Be on the Cusp of Another Foreclosure Crisis first appeared on The Truth About Mortgage.
If you can spare a little more money each month, switching from a 30-year to a 15-year mortgage can save you big bucks in the long-run.
The post 15-Year vs. 30-Year Mortgages: Which is Better? appeared first on MintLife Blog.
Itâs time for another mortgage match-up folks. Today, weâll look at 10-year mortgages versus the 30-year fixed mortgage to see how these home loans stack up against one another. Before we get started, itâs important to note that there are two very different types of 10-year mortgages out there. One a fixed-rate mortgage that is [&hellip
The post 10-Year Mortgages vs. the 30-Year Fixed: Which Is Better? first appeared on The Truth About Mortgage.
Similar to the increased waiting times to get a COVID-19 test these days, itâs taking an extended amount of time to get a mortgage to the finish line. The reason is simply unprecedented demand, just like those COVID-19 tests. The more people that need one, the longer the wait, period. This is the downside to [&hellip
The post Itâs Taking a Really Long Time to Get a Mortgage Right Now first appeared on The Truth About Mortgage.
With mortgage rates at or near all-time record lows, youâve likely pondered a refinance if youâre an existing homeowner. But you probably have a lot of questions too, especially if itâs your first time refinancing a home loan. Letâs clear up some of the confusion by tackling some of the most common refinance questions out [&hellip
The post The Top 15 Refinance Questions Answered first appeared on The Truth About Mortgage.
Mortgage Q&A: âDoes a refinance require an appraisal?â A reader recently asked if they needed an appraisal to refinance their existing mortgage, knowing they can often add weeks to the loan process. As with anything in the mortgage realm, the answer is it depends. Mainly, it depends on the type of loan you plan to [&hellip
The post Does a Refinance Require an Appraisal? first appeared on The Truth About Mortgage.