HomeLight

JANUARY 18, 2023

To understand what’s happening with your home’s equity, it’s worth digging into current housing market trends. Here are some patterns we’re seeing in this cooling housing market: Home appreciation is slowing. Mortgage rates are rising. Average days on market are increasing. Home sales are decreasing.

Equity 105

Equity Marketing Loans Mortgages 105

HomeLight

JANUARY 27, 2021

With fixed-rate interest, your rate remains the same over the life of the loan, which means every mortgage payment you make will be the same amount for the entire loan term (in the beginning, these payments will cover mostly interest, but you’ll start paying down the principal after a few years).

Closing costs 119

Closing costs Inspection Loans Earnest money deposit 119

The Close

DECEMBER 29, 2022

It’s kind of like a fixed-rate mortgage and an adjustable-rate mortgage had a baby. A convertible ARM is a mortgage with a much lower interest rate at the start of the loan, where the interest rate fluctuates during the life of the loan, usually every six months. Loan officer.

Purchase and sale agreement 98

Purchase and sale agreement Title Pre-approval Proof of funds 98