Mortgage rates are determined by the Wall Street Prime rates. When the economic outlook is good, rates tend to increase, and rates fall when it’s not so great. It seems somewhat backward, but here’s the reasoning: When the economy is doing well, borrowers can afford more. This affects the market for mortgages, which results in…

The specific amount of your closing costs varies by situation. Appraisal fees, title charges, and closing fees may all vary from state to state and from lender to lender. To evaluate your closing fees, we’ve created three categories of which you should remain aware: Third-party fees Taxes and other unavoidable costs Lender fees Third-Party Fees…

To calculate the cost of refinancing your first mortgage use one of our Financial Calculators or speak with one of our representatives for assistance.