Mortgage Grader

Jun
03
2021

Is Buying A Home Without Real Estate Agent A Good Idea?
Whether you're a first-time home buyer or an experienced homeowner, you may be wondering if it's truly necessary to work with a real estate agent when buying a property. Here's what you need to know about working with an agent and how to go about purchasing a home without one should you...

May
28
2021

Credit scores don’t predict mortgage default risk
A new government study shows loans to borrowers with high credit scores are no safer than those to borrowers with low scores. By Jeff Lazerson | jlazerson@mortgagegrader.com | MortgageGrader.com | May 28, 2021 During the 1990’s, just about everyone, everywhere in mortgage land...

May
26
2021

How Does A Home Equity Line Of Credit (HELOC) Work?
A home equity line of credit (HELOC) is a type of mortgage loan that acts similar to a credit card, except the line of available credit is tied to your home's equity. So instead of using funds advanced to you by a creditor, you use the cash from the value of your home. HELOC Benefits Lower...

May
23
2021

30-year mortgage rates may climb to 3.5% by year end
Tight job market, signs of inflation will force Fed to change course on its loose monetary policies. By Jeff Lazerson | jlazerson@mortgagegrader.com | MortgageGrader.com | May 23, 2021 The party is over for the lowest mortgage rates in U.S. history. After landing at an all-time low 2.65%...

May
19
2021

Does Getting Preapproved For A Home Loan Matter?
If you're looking into real estate and home shopping recently, you've probably realized that the availability of houses for sale is limited, and the competition is fierce. Of course, this varies by neighborhood, but on average, we've found that there's only about 3.5 months' worth of new...

Recent Articles