May 15, 2024

Mortgages

What’s the Line of Credit (LOC)?

Learn about Line of Credit (LOC) including its definition, types, and real-life examples. Understand how LOCs work and their significance in finance.

Feb 07, 2024

Mortgages

Homeownership Assistance Missouri

This provides a comprehensive guide to homeownership programs in Missouri. It covers a range of assistance programs available for first-time buyers and existing homeowners, explains how to apply for these programs, what to expect after application, and offers helpful tips and resources for homeowners. It concludes with a short FAQ section answering critical queries about buying a house in Missouri, loan requirements, and the concept of home rule in the state.

Oct 25, 2023

Mortgages

What are Mortgage-Backed Securities (MBS): Discuss Briefly

In the bond market, mortgage-backed securities (MBS) are a standard investment option. Mortgage-backed securities (MBS) are bundles of home loans and other real estate debt purchased from the issuing banks. Similar to bond coupon payments, mortgage-backed security investors receive regular income.

Oct 14, 2023

Mortgages

Client Explanations on Soaring Interest Rates and Real Estate

In a competitive free market, government-backed and private lenders bid against one another for homeowners' business, causing fluctuations in the average monthly mortgage interest rate. Due to stable property prices, tightened lending restrictions, and a decreasing backlog of unsold properties, the average interest rate on 30-year fixed mortgages have remained around historic lows since 201

Nov 10, 2023

Mortgages

U.S. Bank Personal Loans

If you are a client of U.S. Bank and have a FICO score of 660 or better, then a personal loan from U.S. Bank may be something you want to consider. This creditor has advantageous conditions, and after applying, you can have the money you need within a few hours at the most.