Mortgage rates highest level since April 2014
The 30-year fixed mortgage rate surged in the week ending Feb. 15 to reach its highest level since April 2014, according to the Primary Mortgage Market Survey released by Freddie…
Here’s What Our Clients Are Saying
Read Actual Customer Reviews And Testimonials About American Mortgage Corporation And Learn About The Great Experiences That Our Clients Have Had With The Mortgage Process, Whether Buying A New Home…
What’s Behind the Cash-Out Refi Craze?
Why are homeowners suddenly so interested in cash-out mortgage refinancing? Although mortgage rates have ticked up recently, they are still relative bargains by historical standards. This is giving homeowners a…
How You Can Buy a Home With These Low Downpayment Mortgage Programs
Just because you don’t make a lot of money does not mean you will not qualify for a mortgage. Thanks to many low downpayment home loans available today, you can…
Closing: What to Expect
When preparing to purchase a home you’ll likely hear the term “closing.” Closing, often referred to as settlement, is the completion of the real estate transaction between you as the…
Moving Up To Your Dream Home? Don’t Wait!
Mortgage interest rates have risen by more than half of a point since the beginning of the year, and many assume that if mortgage rates rise, home values will fall.…
Homeownership: Taking Taxes into Account
It depends on a host of factors, such as the value of your home, the amount of real property taxes you pay, and whether you take the standard deduction or…
Should I Wait Until Next Year to Buy a Home?
National home prices have increased by 6.7% year-over-year. Over that same time period, interest rates have remained historically low which has allowed many buyers to enter the market. As a…
Why do I need to pay for an appraisal?
Question: If we’re buying a house. It will cost us $500 to get an appraisal. Given free online estimates this seems like a huge waste of money. Isn’t there a cheaper…
Great Loan Options To Get You Into Your First Home
FHA Loan ProgramsThe Federal Housing Administration (FHA) insures a number of loan programs to help you become a homeowner, and we can help you find a lender with the right…