Category: Home Loans & Mortgages
-
Mortgage Rates at 7% in 2025: Should You Still Buy or Refinance a Home?
With mortgage rates hovering around 7% in mid-2025, many homebuyers and current homeowners are left asking: Is now a good time to buy or refinance? The housing market has shifted dramatically from the ultra-low rates of 2020–2021. While 7% might feel high compared to those years, context and strategy matter more than headlines. Let’s break…
-
Should You Use a HELOC to Pay Off Credit Card Debt in 2025? A Detailed Guide
With inflation squeezing household budgets and credit card APRs soaring beyond 20%, many homeowners are eyeing a Home Equity Line of Credit (HELOC) as a lifeline. The appeal? Lower interest rates, flexible access to cash, and potential long-term savings. But turning unsecured debt into debt tied to your home comes with serious trade-offs. This guide…
-
How Online Mortgage Companies Like Rocket Mortgage, Better.com, and LoanDepot Work
Gone are the days when you had to sit across from a loan officer at your local bank to get a mortgage. Today, companies like Rocket Mortgage, Better.com, LoanDepot, and SoFi are changing how people apply for home loans — by putting the entire process online. If you’re a first-time homebuyer or thinking about refinancing,…
-
What Lenders Are Looking For: 5 Things You Need Before Applying for a Loan
Whether you’re applying for a mortgage, auto loan, personal loan, or even a credit card — one thing is certain: lenders want to know if they can trust you to pay them back. That trust is built on a handful of key factors. The better you understand what lenders are looking for, the more you…
-
Mortgages 101: Getting Started on the Path to Homeownership
Buying your first home is one of the most exciting — and financially significant — decisions you’ll ever make. But before you start browsing listings or hitting open houses, it’s important to understand how mortgages work and what you need to do to prepare. This guide breaks down the mortgage process for beginners so you…
-
Home Loans & Mortgages 101: What First-Time Buyers Need to Know
Buying your first home is a major life milestone — and one of the biggest financial decisions you’ll ever make. But navigating the mortgage process can feel overwhelming if you don’t know the basics. In this guide, we’ll break down how home loans work, what types of mortgages are available, and how to prepare for…