Tagged: interest rates

Keys and house symbol

Navigating the Many Types of Mortgages

Not only are there hundreds of institutions offering mortgages, it can seem as though there are dozens of different types of mortgages themselves. Different interest rates, different lengths and other features can be confusing. This article describes some of the different options you may encounter as you shop for a...

Close up of female accountant or banker making calculations

Is This Your Situation: How Much Money Should I Put Down on a Home?

If you’re shopping for a mortgage right now, chances are you’ve heard a lot of opinions about how much you should spend on a down payment. Many people think that the more you can spend on a down payment the better, but there are some factors at play that may...

Listen to this week’s ‘Open House’: Andy McDonough, SVP of Homestreet Bank

On this week’s ‘Open House with Team Reba’ radio show, Reba and Eric welcomed to the show Andy McDonough, SVP of Homestreet Bank. Andy is the Divisional manager for residential lending in the Puget Sound and Northern California areas. Andy and Eric prognosticate on what to expect for interest rates...

8 Steps to Get Ready for Your Refinance

There are many benefits to refinancing your home. Refinancing can decrease your monthly payments, lower your interest rate, and shorten the length of your loan. Essentially, refinancing is getting a second mortgage to replace your first. If the terms and conditions are better than your original mortgage, it is a...