Mortgage insurance is a policy issued on your mortgage loan that allows your lender to recapture any money lost in the event of an early default and/or during a foreclosure process. The sole purpose of this type policy is to lower the amount of risk for the lender. — Does mortgage insurance really deserve the […]

Recently, we’ve been hearing that the Federal Reserve is increasing short-term interest rates. There are common misconceptions about what happens when there is an increase in the Federal Funds Rate (FFR). Does it mean that mortgage rates go up? What actually happens to mortgage interest rates when the Fed increases the FFR? Let’s break it […]

With things in the real estate/mortgage world feeling a little crazy we decided to partner with one of our favorite people, Brian Arthur, owner & CEO of Alliance Lending Services, and create the “Monday Mortgage Minute”. Our goal is to help demystify and explain some of the common misconceptions and questions you may have regarding […]