Home Mortgage and Refinancing

If you are starting to look for a mortgage,it is important that you first understand how mortgage rates are compiled. Before you even take a look at someone’s advertise mortgage rate, you have to make sure that you understand the difference between the advertising and the actual rate.

With banks now following strict underwriting requirements and with the prime rate expected to rise over the next few years, now is probably the right time to take a closer look at fixed rate mortgages over the variable or adjustable counterparts. In fact, many mortgage borrowers have already opted for fixed rate mortgages because of [...]