Our Mortgage Blog

Current California home prices are hovering around $775,000, an 11% decrease over the same period last year. The California Association of Realtors predicted the following trends for 2022: Existing single-family home sales are forecast to total 416,800 units in 2022....

Mortgage rates remain volatile at the end of the third quarter. With 30-year fixed rates falling to 4.99% on Aug. 4 and rising to 6.02% on Sept. 15, homebuyers may wonder when they should make an offer. Interest rates rose 2.48% in the first six months of 2022,...

With a hot residential real estate market and US homes averaging under $440,000, you may wonder how you can afford a down payment on your dream home. In this article, you'll learn the importance of offering a down payment to remain competitive in the current seller's...

Foreclosure is a situation no mortgage holder wants to face. Generally, when a borrower has defaulted on the home loan terms by not keeping up with the scheduled payments, a lender can start foreclosure. Foreclosure is when a mortgage lender starts a legal process...

Mortgage refinance is an option in the mortgage industry that's sometimes misunderstood. A mortgage refinance is when you obtain a new mortgage with more favorable terms for your home. It takes the place of the original mortgage. These are relatively popular. On...

If you're like most people, you've undoubtedly heard of foreclosures on property, but the term "short sale" is a little less common. What's is common, however, is significant confusion about what short sales are and how they differ from foreclosures — many people even...

If you put down less than 20% of the purchase price, your home mortgage will probably include private mortgage insurance (PMI). This premium protects the lender in case you can't pay your mortgage. Find out more about how PMI works and when you can stop paying it. It...