5 Ways to Save Money on Your Mortgage

5 Ways to Save Money on Your Mortgage

Mortgage interest rates have been near rock-bottom lows for many years but are likely to increase over the next few years. Even though you can no longer count on record low interest rates, there are plenty of things you can do to make sure you save money

Mar 27, 2019 | Credit Interest Rates

How Does My Credit Score Affect My Mortgage Rate?

How Does My Credit Score Affect My Mortgage Rate?

How much you will pay for a mortgage loan and even whether you can qualify for a mortgage will have a lot to do with your credit score. Higher credit scores will help you get the best terms possible while lower scores could keep you from your dream of hom

Mar 06, 2019 | Interest Rates Credit

What Are Mortgage Points?

What Are Mortgage Points?

If you have ever checked out the current status of mortgage interest rates, you may have seen the average points listed next to the rates. What are these mortgage points and how do they affect your interest rate?   Points Defined Mortgage poin

Feb 06, 2019 | Home Buying or Selling Conventional Loans VA Loans FHA Loans Mortgage Basics Interest Rates

Why Do Mortgage Rates Go Up and Down?

Why Do Mortgage Rates Go Up and Down?

Mortgage rates fluctuate from week to week and they can make huge swings from decade to decade. In the early 1980s, for example, mortgage rates were as high as 18% while roughly 30 years later they are less than a third of that rate. What causes Utah inte

Jan 30, 2019 | Mortgage Basics Interest Rates

3 Things You Need to Know About ARM Loans

3 Things You Need to Know About ARM Loans

Adjustable rate mortgage (ARM) loans always grow in popularity when interest rates are on the rise. Some borrowers think ARMs are the best way to save money on their mortgage in a higher rate climate. ARM loans can also be helpful for those who do not pla

Jan 23, 2019 | Mortgage Basics Interest Rates

Interest Rate vs Annual Percentage Rate (APR)

Interest Rate vs Annual Percentage Rate (APR)

Interest rate and annual percentage rate (APR) - those are the same things, right? Unfortunately, too many mortgage buyers don’t realize the answer is no. The interest rate on your Utah mortgage loan is different from the APR and understandin

Jan 10, 2019 | Interest Rates Mortgage Basics

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