We all know it is a complex and challenging project to buy a home. The pressures of the situation can compound. In fact, one survey found that buying a home was rated more stress-inducing than any other life event. The poll, conducted in 2018 by Homes.com, found that 2 in 5 people thought buying a […]
The first mention of a mortgage in historical documents was in 1190, in English common law. The essential notion of a mortgage was described at that time. The creditor kept the property title, and the debtor was able to recover the money through a sale of the property. 50% down payments Toward the end of […]
Mortgage rates have been incredible the last few months, and that has sparked a refinancing boom. Incredibly, the number of refinances actually tripled year-over-year for one week in October. The amount of refinancing has generally been up significantly in recent weeks. In the week ending October 12, the Freddie Mac Primary Mortgage Market Survey showed […]
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