When looking for a mortgage, we’re well aware you have a lot of options. However, if knowledgeable loan officers, exceptional customer service, and a flexible process are some of your top priorities, the list really narrows down. Summit Mortgage Corporation ... More
The current U.S. weekly average for mortgage rates on a 30-year loan as of 4/26/2024 is 7.17%. Like most homebuyers, you probably find these high mortgage rates discouraging. ... More
Historically, the housing market typically slows to a crawl during the winter months — and this year’s winter season was especially slow. However, the spring home buying season is officially underway, and many are excited that this may mark a major rebound for the real estate industry ... More
Does my credit score impact how much money I can borrow? A high credit score is your golden ticket to the best rate available on your home loan, which does impact the monthly payment and therefore does impact how much you can borrow. So if you are among ... More
You may have heard that mortgage rates are dropping and thought, “This is the perfect time to start shopping for a home.” The question is, should you jump into action now or wait until spring is in full swing before resuming your search for a new house? More
The housing market has been turbulent over the last few years, to say the least. Homebuilders were finally ramping up construction to keep up with surging demand. Then, mortgage rates shot into the stratosphere. As a result, many homebuilders pumped the brakes, which made the shortage worse. More
Searching for your dream home should be fun, but it’s easy to get weighed down by an endless sea of unfamiliar abbreviations like “APR,” “PMI,” or “LTV.” For this reason, first-time homebuyers often find the process daunting or unachievable. The good news is that there are ... More
Since mortgage loan interest rates began to climb a couple of years ago, homebuyers around the country have been looking for more ways to save. Saving money on your mortgage starts with choosing the right ... More
