22 Sep 2021
By Mark Feder

Worried About Mortgage Rates Going Up? 3 Steps to Prepare Yourself Financially

Home Mortgage Tips
Mortgage rates have been at record lows for quite some time, making it easy for new homebuyers to finance their dream homes. But what comes down will eventually go back up, and with the world economy expected to rebound in 2016, we're about to start seeing more expensive mortgages. So what can you do to prepare yourself before mortgage rates start to rise? Here are three strategies that will keep you ahead of the game. Start Saving More Money Now If you have a variable rate mortgage, you've benefitted from great interest rates that this world won't see again for…
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09 Sep 2021
By Mark Feder

The Pros and Cons of Paying Your Mortgage off Biweekly Versus Monthly

Home Mortgage Tips
If you have a mortgage, you're probably looking for the best option to pay it off. Monthly mortgage payments are an easy-to-manage way to pay for your house - in fact, they're the most common form of mortgage payment  but now, many homeowners are discovering that biweekly payments offer them better results. So is a biweekly payment the better option for you? Which payment strategy best fits your individual circumstances? Here's what you need to know. Biweekly Payments: Pay Off Your Mortgage Faster and Save on Interest Biweekly payments are becoming increasingly popular for a variety of reasons. With a…
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02 Sep 2021
By Mark Feder

3 Reasons Why the Cost of Title Insurance is Worth the Investment

Home Mortgage Tips
Title insurance is one of the few types of protection policies available to homebuyers and one that is often overlooked because of its optional nature. Because title insurance is purchased simultaneously with the home, it can be very easy to forego when looked at alongside all the additional fees that are associated with purchasing property. This is typicaly not advisable, as title insurance is one of the smartest forms of protection a homeowner can buy. Here are just three reasons why every purchaser should get title insurance. It's The Best Protection Against Fraud Title insurance protects the owner of a…
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17 Aug 2021
By Mark Feder

Understanding the Jumbo Mortgage and Why Refinancing These Mortgages is Different

Home Mortgage Tips
It seems like everything is getting jumbo sized these days. Jumbo sized soft drinks. Jumbo sized fast food meals. Jumbo sized smartphones. But one thing that nobody thought would get jumbo sized? Is mortgages. So what exactly is a jumbo mortgage? How is it different from a standard mortgage, and what does that mean for your refinancing options? Here's what you need to know. Jumbo Mortgages: Larger Sums For Enterprises And Wealthy Buyers As the name implies, the main factor that sets jumbo mortgages apart from standard mortgages is the loan limit. Fannie Mae and Freddie Mac impose mortgage limits…
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