Mortgage Updates
What Is PMI and How Can You Remove It?
PMI can help buyers purchase with less than 20% down, but it may not remain forever. Learn the cancellation rules and when refinancing may help.
When Does It Make Sense to Refinance Your Mortgage?
A lower rate does not automatically make refinancing worthwhile. Learn how to compare closing costs, monthly savings, loan terms, and the break-even point.
Can You Buy a House With Student Loan Debt?
Student loan debt does not automatically prevent you from buying a house. Learn how lenders calculate the payment and how loan programs differ.
Should You Buy a House Now or Wait Until Later?
Waiting for better rates may help, but the market could change in other ways. Learn how to compare buying now with a realistic plan for waiting.
How Much House Can You Afford Without Overspending?
Your maximum mortgage approval may be higher than your comfortable budget. Learn how to calculate an affordable home price using the complete payment and cash needed.
Why Do Property Taxes Increase on a New Construction Home?
A new home’s current tax bill may reflect only the land or partial construction. Learn when the county updates the value and how to prepare for higher taxes.
Do Federal Reserve Rate Cuts Lower Mortgage Rates?
A Fed rate cut does not guarantee lower mortgage rates. Learn what drives fixed-rate pricing and what borrowers should consider before waiting to lock.
Should You Put 5% or 20% Down on a House?
Putting 20% down can lower your payment, but it also commits more cash to the property. Compare the costs and benefits of 5%, 20%, and middle options.
Why Does My Spouse Have to Sign Mortgage Documents?
A spouse may sign several mortgage documents without being responsible for the loan. Learn how the Note, Deed of Trust, title, and homestead rights differ.