The United States' current inflation rate now stands at 9.1%.  One of the Fed's answers to curb inflation is to raise interest rates.  While mortgage rates aren't directly tied to Federal interest rates, the Fed has an impact on mortgage rates, along with other important factors.  The Fed is trying to slow an inflation rate not seen since [...]

February mortgage update on 2nd homes from Tim Lawson

Are you considering purchasing a second home this spring?  You should consider at least 20% down on your conventional mortgage:

We are seeing a little bit of a rebound with rates over the past few days but overall, they are still up quite a bit from where they were a few weeks ago.  We [...]

Once you’ve found your dream home and applied for a mortgage, there are some key things to keep in mind before you close.

Any blip in income, assets, or credit should be reviewed and executed in a way that ensures your home loan can still be approved. If your job or employment status has changed recently, share that with your lender as well. The best plan is to fully disclose and discuss your intentions with your loan officer before you do anything financial in nature.