Should you get a mortgage cosigner?

Your lease is ending, you’re looking to move to a larger home, or maybe you want to live closer to work. Regardless of why you’re moving, you’ve found the perfect home. But there’s bad news: your lender has told you that you don’t qualify for a mortgage. What can you do to make sure that […]

How to save money on mortgage closing costs

A home is probably the most expensive purchase you will make in your lifetime. Even relatively affordable houses cost hundreds of thousands of dollars, and mortgage loans can last decades. As such, choosing the right loan is an essential part of the home buying process. When comparing loans, people often look at the length of […]

2019 Mortgage Industry Study

2019 Mortgage Industry Study

This comprehensive mortgage industry study investigates multiple data sources to reveal important mortgage industry trends and statistics. The mortgage industry plays an integral role in the U.S. economy. In 2017, only 21% of people who bought a home paid all-cash for their purchase. Everyone else got a mortgage. Residential property not only provides housing and […]

how to calculate the APR of a loan

APR calculation by loan type How to calculate the APR of a loan. a payday loan. a line of credit. a mortgage. The key question to ask when comparing loans is “how much will this cost me?” Learning how to calculate the APR of a loan will allow you to compare apples to apples when […]