mortgage news | Jarae's LO Site

Aug 4, 20231 min read

Mortgage Market Update, August 4th, 2023

The combination of upbeat economic data and the U.S. government credit rating downgrade caused mortgage rates to rise this week. Despite...

Aug 1, 20232 min read

How Much Does a 2-1 Buydown Cost?

Determining the cost of a 2-1 buydown is very straightforward: it's simply the total amount of money you will be saving during the years...

Jul 11, 20233 min read

Why Did Mortgage Rates Jump Recently?

Why Did Mortgage Rates Jump Recently? The announcement that inflation is not improving quickly contributed to the rise in mortgage rates...

Jul 5, 20233 min read

Why We Are NOT in a Home Equity Crisis

While your home equity may have taken a very small dip recently, the only reason it would be a case for concern is if you are trying to sell