• Blog Slide
  • Blog Slide
  • Blog Slide
17
Dec

How To Choose The Best Mortgage Company

Written by admin. Posted in Mortgage broker wa, Mortgage rates, Seattle mortgage company

The National Association of Realtors report that 35% of those looking for a home are first time buyers. Whether you fall into this demographic, or have purchased a home in the past, you may still have questions about mortgage lenders, and current mortgage rates. It’s estimated from a 2016 study that 59% of homeowners wish they could have a better understanding of their mortgages. It is easy to understand this, as many different types of loans, and mortgage companies exist for you too choose from. While talking directly to a mortgage company can be a good source of up to date mortgage information, here are a few things to use as a starting point.

Mortgage Rates and Payments

How mortgage rates work is something that many people don’t fully understand. A good rule of thumb is that a higher rate will mean more money spent over the life of your mortgage. For example, a $300,