Understanding Mortgage Term Lengths When deciding how long your mortgage term should be, it’s essential to consider several factors. The mortgage term length will impact your monthly payments, the total cost of the loan, and how quickly you build equity in your home. Common mortgage terms range from 10 to 30 years, with the 30-year […]

The Link Between Inflation and Mortgage Interest Rates Inflation is commonly understood as the rate at which the general level of prices for goods and services increases, effectively diminishing the purchasing power of currency. This occurrence can have a marked effect on economic elements, such as mortgage interest rates. For both homebuyers and homeowners, understanding […]