When interest rates drop, it typically translates to more affordable mortgage payments, making homeownership much more accessible. Currently, interest rates are sitting at a 23-year high of 5.3%, but as the Federal Reserve continues to see progress towards their 2% inflation goal, an interest rate cut could be on the table sooner rather than later. […]
Mortgage Interest Rates: What Happens When They Drop? Read More »
What Low-Credit Borrowers Should Know About Fair Credit Mortgage Lenders & Their Loan Options Securing a 620 credit score home loan might seem challenging, but prospective borrowers still have options. While a higher credit score can unlock more favorable terms, individuals with less-than-perfect credit aren’t excluded from the housing market and can still take out
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Buying a home is one of the biggest financial decisions you’ll make, and a home inspection is a critical step in the process. Getting a home inspection can help uncover potential issues that could cost you thousands of dollars down the line. Considering that 86% of home inspections find something that needs to be fixed,
Buyer’s Home Inspections: The Complete Guide Read More »
Closing on a home is an exciting milestone, but it often comes with a hefty price tag beyond the down payment. Mortgage closing costs can be overwhelming, with a long list of fees and charges that can quickly add up. In the U.S., average mortgage closing costs can vary from state to state, but generally
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What happens if my mortgage pre-approval expires, and how long a pre approval lasts? Find out more information and insights on our blog!
What Happens If My Mortgage Pre-Approval Expires? Everything to Know Read More »
How to Achieve Your Real Estate Investing Goals With Rental Property Mortgage Loans The world of rental properties has exploded in recent years, offering exciting opportunities for investors. Considering that there are 2,654 new renters in the U.S. every day, owning a rental property can be a lucrative investment. Whether you dream of a steady
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Defy Mortgage, LLC is a direct lender and licensed under NMLS #2383214, 1030 16TH AVE S FL 2, Nashville, TN 37212. Licensed under the Oregon Consumer Finance Act. Georgia Residential Mortgage Licensee # 2383214. Defy Mortgage, LLC, Loans made or arranged pursuant to a California Financing Law license – License # 60DBO-173959. Available in select states.
