When it comes to mortgages, there are two similar sounding terms that often confuse potential homebuyers: pre-qualification and pre-approval. While they are alike in some ways, their purposes are different. If you are looking to get a mortgage,
Jun 27, 2018 | First-time Homebuyers Purchasing a Home
Buying a home in Massachusetts, whether for the first time or the last, is an exciting event. Yet before you even take a look at a single home for sale, it is a smart idea to have your mortgage financing lined up. While it is possible to get a home loan d
Jun 20, 2018 | mortgage brokers
While homeownership has long been the American dream, buying a home is not necessarily the best choice for every person or every situation. There are many factors to consider in determining if a home purchase is the right decision for you right now. Can
Jun 14, 2018 | Purchasing a Home
Years ago, a 20% down payment was a requirement for obtaining a mortgage loan. Putting that much money down made it less likely that borrowers would simply default on their home loans and gave lenders a measure of security and collateral in the case of fo
Jun 07, 2018 | First-time Homebuyers
Economic Commentary Employment Report Analysis At first blush, it appeared that the jobs report was disappointing. The addition of 142,000 jobs in August was much less than the average of over two hundred thousand for
Sep 16, 2014 |
Home Affordable Refinance Program® (HARP) Return to index If Freddie Mac owns your mortgage and you are timely with your mortgage payments but unable to refinance because you have little or no equity in the home, you may be able to refinance to a lowe
Jul 22, 2014 |