Category: Mortgage Basics
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The Federal Reserve’s Role in Shaping Mortgage Rates
The Federal Reserve influences mortgage rates through monetary policy decisions, affecting borrowing costs for homebuyers and homeowners.
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Weighing Your Options: 20% Down Payment vs. Mortgage Insurance
Learn the pros and cons of a 20% down payment versus mortgage insurance for home financing decisions.
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Understanding the Financial Power of Mortgage Points
Discover the financial impact of mortgage points, empowering informed decisions in home financing.
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What Closing Costs and Fees Do I Have to Pay with a VA Loan?
Discover essential VA loan closing costs: funding fee, lender fees, appraisal, title insurance, prepaid expenses, closing agent fees.
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What is Title Insurance and Why Do I Have to Pay for It?
Discover the importance of title insurance in protecting your property ownership rights and financial investment when buying a home.
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4 Things Every Borrower Needs to Know About Mortgage Brokers
Discover how mortgage brokers simplify home loans, save you money, and what to look for when choosing the right broker.
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Rate-and-Term, Cash-Out, and Streamline Refinance
Explore rate-and-term, cash-out, and streamline refinance options to optimize your mortgage terms, payments, and financial goals effectively.
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Debt-to-Income Ratio Explained
Learn how to calculate and interpret your debt-to-income ratio, a crucial factor in loan eligibility and financial health