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Found 124 results for 'Mortgage'.

The 30 Year Fixed Rate Mortgage: America’s Most Popular for a Reason

Why is The 30-Year Fixed So Popular?The 30-year fixed rate mortgage offers a competitive interest rate that remains fixed for the entire term of the loan. This means the mortgage payment for principal...

Mortgage 101: A Beginner’s Guide to Mortgages

A mortgage can seem complicated, but Newrez is here to help you feel confident in the mortgage process from start to finish. Check out some of the most common mortgage questions below so you’ll be rea...

Mortgage Insurance

What is PMI? The idea of owning a home for the first time is an exhilarating prospect for many people. Factor in the excitement of having found a dream home or needing to make a move in a hurry for a...

A History of Mortgage Rates

Inflation and Mortgage Rates In 1971, the average mortgage rate was 7.31% - a rate that may seem relatively high compared to today’s rates. However, in 1974 the average annual rate of inflation began ...

Mortgage Rate Alert: Rates Climb Above 3 Percent

Fixed Rate Mortgage Rates 30-Year Fixed Mortgage A 30-year fixed-rate mortgage is a home loan that maintains the same interest rate and monthly principal-and-interest payment over the 30-year loan per...

Which Mortgage is Best for You: ARM or Fixed Rate Mortgage?

Fixed Rate Mortgage Benefits Not only will the fixed rate you secure today be the same rate 10, 20, and 30 years from now, but the 30-year fixed-rate mortgage but it’s also attractive because you can ...

13 Mortgage Terms You Need to Know

1. AmortizationAmortization describes the shrinking of your mortgage as you pay it off. With each mortgage payment you make, part of the repayment is applied towards reducing the principal, while a se...

How Your Mortgage Rate is Calculated (and What You Can Do About It)

Why Mortgage Rates Matter If you’re like most homebuyers, there are three mortgage factors that probably concern you most: the closing costs, the monthly payment, and the rate. The lower your mortgage...

The 5 Most Important Reasons to Refinance Your Mortgage Loan

While each homeowner has their own reasons for refinancing, the ultimate goal is to keep money in your pocket. So, if you find yourself weighing your options, here are five key reasons to refinance yo...

Why It’s Not Too Late to Refinance Your Mortgage

If you’re wondering what the benefits of refinancing are, check out our article, 6 Reasons to Refinance. A recent Black Knight study found that 19.3 million homeowners could lower their current mortga...