Category: mortgage

2021 April 5

Types of Escrow Accounts and How They Work

Types of Escrow Accounts and How They Work

What are escrow accounts and how do escrow accounts work?, Before we can get into the details, let’s first define what escrow is. Escrow is a process that takes place during the home buying process. Think of it as a form of safekeeping. So, between the time of a purchase agreement and the closing of

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2021 April 2

House Price vs. Interest Rate: What’s More Important?

house-price-vs-interest-rate-whats-more-important

The pandemic at the start of 2020 led the housing market to see an increase in housing prices. In November of 2020 according to S&P CoreLogic Case-Shiller National Home Price NSA Index, house prices rose about 9.5%. In turn, mortgage rates have been decreasing. According to the National Association of Realtors (NAR), experts have predicted

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2021 February 5

13 Essential Real Estate Terms You Should Know

real estate terms

Your Real Estate Terminology Cheat Sheet Like most people, you may be unfamiliar with real estate lingo. Are you looking to buy, sell, or learn about real estate in general? If you want to know the basics of real estate, look no further.  Let’s start with what real estate is.  Real estate is land, property,

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2020 March 17

Escrow Accounts for Mortgage: Here’s What You Need To Know

what-is-mortgage-escrow-everything-you-need-to-know

The house selling and buying process is home to a lot of sensitive elements. Documents, money, and time are all affected by how well the process is organized to get the sale done. Luckily, escrow accounts are here for you to complete transactions with a peace of mind for all parties. But escrows have a

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