Mortgage Archives » Millennium Mortgage

September 22, 2023

The Road to Lower Mortgage Rates: What Could Make It Happen?

Mortgage rates play a significant role in the housing market, affecting affordability for potential homebuyers and those looking to refinance. However, predicting and influencing mortgage rates isn’t straightforward. Understanding the factors that influence them can offer insights into what might […]

June 23, 2023

The Pros and Cons of Getting a HELOC

HELOC, short for Home Equity Line of Credit, is a popular financial tool that allows homeowners to tap into the equity they’ve built up in their homes. It’s like having a flexible credit card tied to your home. Sounds intriguing, […]

May 26, 2023

The Benefits of a Pre-Approval

Purchasing a home is a significant financial decision, and one of the most critical factors is obtaining a mortgage. The process of getting a mortgage can be daunting and complex, and one of the first steps is obtaining a pre-approval. […]

May 5, 2023

Pros and Cons of Locking Your Mortgage Rate

As a prospective homebuyer or homeowner, one of the most crucial decisions you will make is locking your mortgage rate. It is a decision that can have a significant impact on your finances for years to come. This decision is […]

January 3, 2023

What Is A Jumbo Loan?

Jumbo loans are quite common now. As home prices have skyrocketed, the number of borrowers who need larger loans has also increased. A jumbo loan is a mortgage that exceeds the conforming loan limit set by the federal government every […]

December 13, 2022

The Self-Employed Home Buyer

When you’re self-employed and you want to buy a home, you fill out the same mortgage application as everyone else. Mortgage lenders also consider the same things when you’re a self-employed borrower: your credit score, how much debt you have, […]

October 21, 2022

Is Refinancing Now A Good Idea?

The Federal Reserve raised its benchmark interest rate .75% in September and concerns over how this would affect the personal finances of millions of Americans started to arise. While an increase in rates may help tame inflation, they don’t always […]

September 30, 2022

Using Your Home Equity To Help You Retire

Over the last year the average homeowner in the United States gained roughly $64,000 in equity due to home price appreciation. Now, whether you’ve just retired or you’re thinking about retirement, you may be considering your options for this whole […]

August 5, 2022

Your Home’s Equity: How To Use It

Over the last five years, a surge in home prices has created substantial wealth for the middle class. According to the latest Homeowner Equity Insights from CoreLogic, the average homeowner’s equity has grown by $64,000 just over the last 12 […]

July 5, 2022

Loan Application Blunders

There is a lot of competition in the real estate market today, so you do not want to do anything that could jeopardize your chances of getting your dream home. The home loan approval process is not as simple as […]

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Mortgage

The Road to Lower Mortgage Rates: What Could Make It Happen?

The Pros and Cons of Getting a HELOC

The Benefits of a Pre-Approval

Pros and Cons of Locking Your Mortgage Rate

What Is A Jumbo Loan?

The Self-Employed Home Buyer

Is Refinancing Now A Good Idea?

Using Your Home Equity To Help You Retire

Your Home’s Equity: How To Use It

Loan Application Blunders

Stay in the Know Visit Our Blog

The Road to Lower Mortgage Rates: What Could Make It Happen?

Tips and Tricks to Prevent Package Theft at Home

Ready Your Home Before You Get Sick

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