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Difference between a VA Guaranty and a VA Loan

There are a few misconceptions when it comes to a VA guaranty and a VA loan.

NATIONAL CONFORMING 30 YEAR FIXED RATES

Today's Average: 4.67% What does this mean?
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3 Reasons Lenders Want to Avoid Foreclosures

Lenders want to avoid foreclosures just as much as the borrower. Here's why.

Your Total Mortgage Payment

A monthly mortgage payment consists of principal or a repayment of the money borrowed, interest or the fee charged for borrowing money, local government taxes, and a private mortgage insurance premium.

The Mortgage101 Blog

FROM THE MORTGAGE101 BLOG

Existing Homes Sales Fall Again, New Home Sales See Some Gains

Sales of existing U.S. homes slumped again in June, notwithstanding mortgage interest rates fell to an all-time record low average of 4.74 percent during the month, according to Freddie Mac. The National Association of Realtors reports that sales, including single-family, townhomes, condos and co-ops, fell by 5.1 percent in last month to a seasonally-adjusted annual rate...

 

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