If you’re considering the purchase of a home in one of the pricier US housing markets, you may need to apply for a special kind of mortgage loan, namely a “jumbo” or “super conforming” loan. It’s important to remember that the Federal Government sets limits or caps on the mortgage […]
How Will the Interest Rate on Your Worthington Home Mortgage Be Affected by The Fed Rate?
While the impact of the federal interest rate is often of little concern to most consumers, it can have a long-range effect on purchasing a home in the future and the mortgage industry in general. The Fed Rate can go up or down although in some cases, it stays flat. […]
Home Equity and Refinancing
Are you still trying to decide whether or not to refinance your home? Maybe you’re a bit apprehensive about doing it while not knowing what’s in store for us in 2021. If you’re unsure about pulling the trigger, there are certain advantages to refinancing that you need to be aware […]
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