Author Archives: 7thlvl

You’re not alone if you’re considering ways to lower your monthly mortgage payments amidst the rising cost of living. $2.7 trillion in mortgages were refinanced in 2021 in the U.S. alone. This article will discuss the differences between a mortgage … Read More

The housing market has been tumultuous in the past three years. After the pandemic-spurned seller market took hold for nearly two years, we’re starting to see a shift that concerns both buyers and sellers. We’ve seen a massive increase in … Read More

Lenders in the U.S. received around 23.3 million mortgage loan applications in 2021. Most people use loans when buying homes because saving up to pay cash for a house takes too long. Additionally, many of these individuals opened escrow accounts … Read More

In 2021, around 23.3 million people applied for mortgage loans. Of course, only some loan applications ended with a loan. But the process always begins with an application. You can apply for a conventional mortgage with the lender of your … Read More

Did you know that 43 million people around the United States owe federal student loan debt? In total, there is more than $1.6 trillion owed to the federal government for student loans. At the same time, numbers are insufficient to … Read More

Between September 2021 and September 2022, mortgage demand in the U.S. had fallen by 29%. While demand for traditional mortgages may be decreasing, many people still use conventional mortgages, but how can a conventional mortgage help you reach a 20 … Read More

In July of 2022, it was reported that mortgage rates in the US dropped to a 22-year low when mortgage demand fell by 6 percent. This shows that many people are being more careful about the kinds of mortgages they … Read More

In June of 2022, it was reported that mortgage rates had surged by roughly 6.28 percent. While mortgage interest rates may be on the rise, there are still lots of great deals available, but when should you consider comparing mortgage … Read More

Did you know that the average mortgage loan amount is around $446,000? The housing market continues to stay competitive, with potential homebuyers nabbing up houses almost as soon as they get listed. If you want to purchase a home in … Read More

Around 23% of home sales close through cash deals. However, the rest require loans. So, most people need mortgage loans to buy homes, yet there are many types, leaving homebuyers confused. If you’re confused about loan types, you might want … Read More