The Latest Mortgage News

Could Paying Off a Debt Before Applying for a Mortgage Actually Be the Wrong Move?

September 23, 2026 Mortgage Tips Comments Off on Could Paying Off a Debt Before Applying for a Mortgage Actually Be the Wrong Move?

Paying off debt sounds like an obvious way to prepare for a mortgage. After all, fewer monthly obligations can improve cash flow and potentially help with mortgage qualification. But using a large portion of your savings to eliminate a debt immediately before buying a home is not automatically the best strategy. Sometimes the money in the bank can be just as important as the debt you want to eliminate.

Read more

Why Your First Mortgage Payment Might Be Farther Away Than You Expect

September 22, 2026 Mortgage Tips Comments Off on Why Your First Mortgage Payment Might Be Farther Away Than You Expect

After closing on a home, buyers may be surprised to discover that their first regular mortgage payment is not necessarily due a few weeks later. Depending on the closing date, there can be a noticeable gap between receiving the keys and making that first payment. Understanding why can help new homeowners plan their finances during an already expensive transition.

Read more

What’s Ahead For Mortgage Rates This Week – September 21st, 2026

September 21, 2026 Financial Reports Comments Off on What’s Ahead For Mortgage Rates This Week – September 21st, 2026

Expectations that the Federal Reserve would raise rates to combat significant inflation have come to pass, with a modest 0.25% increase in the rate. The Federal Reserve has stated that it remains committed to restoring inflation to its 2.0% target, which will likely include further rate increases in the future. The rest of the week featured a light economic calendar with very few impactful releases, leaving the Federal Reserve’s rate decision as the primary driver of market activity.

Read more

Why the Cheapest Home May Not Produce the Lowest Monthly Housing Cost

September 18, 2026 Mortgage Tips Comments Off on Why the Cheapest Home May Not Produce the Lowest Monthly Housing Cost

When comparing homes, it is natural to assume that the property with the lowest price will also be the least expensive each month. But purchase price is only one piece of the housing-cost equation. Two homes with noticeably different price tags can produce surprisingly similar monthly expenses, and in some cases, the cheaper home can actually cost more to carry.

Read more

Let's talk

If you want to get a free consultation without any obligations, fill in the form below and we'll get in touch with you.
(346) 570-0846
Skip to content