Tag

home buying

Buying

Mortgage Rate Locks: How to Lock in Your Interest Rate

When mortgage interest rates are rising, the decision to buy a new home can be tricky, but you may not need to put your dream on hold. Find out how a mortgage rate lock could help you secure a rate and provide protection against the significant impact rising mortgage rates can have on your ability to buy or afford a home.

Buying, Research

What are Closing Costs & Who Pays Them?

So, what exactly are closing costs? At their most basic level, they’re a bundle of fees that are due on the day a property sale closes – basically any expense other than the down payment. Closing costs can be paid by the buyer, seller, or both, and legally must be disclosed and agreed on in advance before the purchase can be completed.