Marco Santarelli

APRIL 4, 2025

This yield is a crucial benchmark because it heavily influences the cost of borrowing for things like mortgages, especially the popular 30-year fixed-rate mortgage. Here's What the Experts Say Expect High Mortgage Rates Until 2026: Fannie Mae's 2-Year Forecast Will Mortgage Rates Rise Back Above 7% or Go Down in 2025?

Mortgages 59

Mortgages Construction Due diligence Fixed-rate mortgage 59

Fancy Pants Homes

JUNE 9, 2022

Naturally, this has led many homeowners to consider refinancing their mortgages — in an attempt to either lower their interest rate, consolidate debts, or use the equity in their property to cover other large expenses. Common mistakes homeowners make when refinancing their mortgage. #1 Clearview FCU.

Mortgages 59

Mortgages Due diligence Equity Fixed-rate mortgage 59

Realty Biz

MARCH 30, 2023

Understand the Types of Mortgages, Interest Rates, and Fees Before you can get started, it's important to understand the different types of mortgages available and the associated interest rates. To get the best rate for your situation, be sure to look closely at each type of mortgage.

Mortgages 101

Mortgages Pre-approval Pre-qualification Due diligence 101

HomeLight

MARCH 22, 2022

In Q2 of 2021, North Carolina’s home prices rose by 10% across all counties , and that number is predicted to continue growing as more homeowners flock to the state. Ever heard of the due diligence fee in North Carolina? North Carolina is unique with its due diligence expense. NC Home Advantage Mortgage.

Due diligence 105

Due diligence Closing costs Earnest money deposit Loans 105

HomeLight

AUGUST 31, 2021

Also known as a lease-purchase agreement, a rent-to-own contract is an agreement between the tenant and the homeowner stipulating that a portion of the monthly rent is credited toward the future purchase of the property. Sounds ideal, right? So, in reality, you’re paying this landlord $100 simply to “save” money for you.

Purchase and sale agreement 124

Purchase and sale agreement Due diligence Closing costs Mortgages 124

Marco Santarelli

JANUARY 23, 2023

The year’s spike in interest rates is the primary factor in moderating home price growth, with Freddie Mac data putting 30-year fixed-rate mortgages at 3.22% in early January 2022 compared with a yearly high of 7.08% in mid-November. During that period, US homeowners with a mortgage gained an average of $64,000.

Equity 52

Equity Due diligence Fixed-rate mortgage Principal 52

The Close

DECEMBER 29, 2022

A homeowner can refinance their property for more than its value and take the added amount as cash. It generally results in a higher interest rate or additional points, but it’s a way for homeowners to leverage their equity in a property. It’s kind of like a fixed-rate mortgage and an adjustable-rate mortgage had a baby.

Purchase and sale agreement 98

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