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Private Mortgage Insurance

new mortgage fees

New Mortgage Fees – What Every Homebuyer Should Know

You’ve probably seen a lot of negative press lately about recent controversial changes implemented by Fannie Mae and Freddie Mac (the government-sponsored enterprises that buy and guarantee mortgages from lenders for mortgage borrowers). The take-away is that the changes in mortgage fees will benefit borrowers with lower credit scores and smaller down payments, while potentially […]

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True Cost of Buying a Home

The True Cost of Buying a Home

As you begin to consider purchasing a new home one of the first things you should do is get an idea of what “the numbers” will look like.  Ultimately the 2 most important numbers will be (1) the monthly payment and (2) how much money you will need at closing, but there are a lot

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