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Are online mortgage lenders the Best Way to Buy a Home. – Online mortgage lenders are a tempting option for home buyers, but have both advantages and disadvantages. Here are the pros and cons. Are Online Mortgage Lenders the Best Way to Buy a Home.

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Down Payments 101: Is It Worth It to Put More Than 20 Percent. – If you do choose to invest more than 20 percent in your down payment, it’s possible that you will gain access to a lower interest rate for your mortgage. Many lenders look favorably on homebuyers that are investing more of their own money and borrowing less. Be sure to check with your mortgage advisor to find out if you qualify for lower rates.

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What's Ahead For Mortgage Rates This Week – July 2nd, 2018. – The average rate for a 5/1 adjustable rate mortgage was four basis points higher at 3.87 percent. Discount points averaged 0.50 percent for fixed rate mortgages and 0.30 percent for 5/1 adjustable rate mortgages. New jobless claims rose to 227,000 first-time claims filed from the prior week’s reading of 218,000 claims filed.

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