When seeking a mortgage, you'll likely encounter two primary types of loans: conforming and non-conforming. Understanding the distinctions between these two can greatly impact your loan choices. Conforming loans adhere to guidelines set by Fannie Mae and Freddie Mac, offering them more readily available. Alternatively, non-conforming loans excee… Read More
This guide will cover the rise in mortgage rates for seven consecutive weeks with no sign of a correction. Mortgage rates rise again for seven consecutive weeks, without signs of turning back. Mortgage rates hit record highs in April. Instead of a rate correction, rates increased in April to set all-time highs. Common sense dictates that if mort… Read More