Home Lending - Blog

How the 10-year Treasury Note Yield Affects Mortgage Rates

How the 10-year Treasury Note Yield Affects Mortgage Rates

If you’ve ever wondered why consumer mortgage interest rates don’t move in lockstep with the Federal…

HOW TO GET YOUR PMI CANCELLED

HOW TO GET YOUR PMI CANCELLED

When you take out a conventional mortgage loan (not insured by the U.S. government), with a down pay…

SHOULD YOU TAP INTO YOUR HOME EQUITY?

SHOULD YOU TAP INTO YOUR HOME EQUITY?

When you put 20% down on a home using a mortgage loan, you own 20% and the lender owns 80%. As you m…

THE ADVANTAGES OF BUYING A NEW HOME

THE ADVANTAGES OF BUYING A NEW HOME

Midwest sales of new homes have exploded by 47% in the past year. As would-be homebuyers get frustra…

LATE PAYMENTS & CREDIT SCORES

LATE PAYMENTS & CREDIT SCORES

Consumers who make late credit payments have no idea how badly their credit scores can be affected o…

What is a Jumbo Loan?

What is a Jumbo Loan?

A jumbo loan is a type of home mortgage that exceeds the limits set by the Federal Housing Finance A…