General

It’s looking more likely that there will be a government shutdown beginning October 1st, which begs the question, what happens to mortgage rates? Do they go up even more, do they fall, or do they do nothing at all? At first glance, you…
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Recently, a friend of mine with an adjustable-rate mortgage told me his rate was set to adjust significantly higher. His current loan, a 7/1 ARM, has an interest rate of 3.25%, but that’s only good for the first 84 months. After that, the…
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Over the past year or so, home equity lines of credit (HELOCs) have become a lot more popular. As a quick refresher, HELOCs are typically taken out as second mortgages in order to tap equity. Importantly, this means the first mortgage is…
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