Homeowners refinance their mortgages for an assortment of...

When buying a home, many homebuyers tend to search for the best mortgage interest rates available. While some may find that perfect rate, others may opt to take advantage of lender-provided options, such as mortgage points. Mortgage points are designed to help buyers bring down their interest rates by paying them ahead of time. Sometimes considered “discount points,”...

At some point, numerous homeowners ask themselves, “Should I refinance my mortgage?” And while some offers of lower interest rates and saving money may seem like refinancing is your best option, consider your unique financial situation before deciding. You may be asking yourself, “where do I start in the process?” Here are three quick checklist items to help...

Escrow accounts are typically handled by a neutral third-party provider. These providers are often banks whose only interest in the transaction of residential real estate is to ensure materials, funds and other important documents are properly handled and distributed to the appropriate parties. These institutions typically carry coverage, and if you’re already familiar with or bank with these...