
Along your journey to homeownership, you’ll likely be given a loan estimate to review. A loan estimate is an extremely important document that provides a complete breakdown of your mortgage loan. It will give you information about your loan amount,...
If you’ve done even the slightest bit of research on obtaining a mortgage, you’ve undoubtedly discovered there are a wide range of mortgage solutions to choose from. For many potential buyers, the variety and qualifications of each product can be...
Low interest rates typically mean that buyers have more purchasing power, and that home ownership is more accessible than ever before. But is the time truly right for you? Falling rates bring more new homeowners into the marketplace and tempt existin...
Your credit score is a critical part of your fiscal health. The interest rate that home buyers can get on their mortgage, for example, is directly influenced by their credit score. Here are four things to know about that score. Ratio of Credit Used V...
When you make the decision to buy a home, you do so knowing it will be among the largest and most important purchases of your lifetime. Most tangible objects you purchase will likely not cost as much. Furthermore, the cost, care, and time it takes to...
If you were looking for a great time to purchase or refinance a home, this might be it. Lower interest rates have caused the seller’s market to slow down, and historically low rates make this an attractive time to buy or look for better loan te...
Over the past five decades, 30-year fixed-rate mortgages have reached highs of 18.63%, in 1981, and lows of 3.31%, in 2012. Today, mortgage rates hover near historical lows. In fact, more than half of all mortgage holders hav...
If you’re a first-time home buyer, the process of securing a mortgage can seem overwhelming. There’s a whole new vocabulary to learn, and you must make a sober assessment of your financial situation and what makes sense for you and your family. B...
When you’re ready to purchase your next house, the home inspection is a vital step in contract negotiations with the Seller, as well as determining the general condition of the property. Having an informed decision helps ensure you (and the Seller)...
Congratulations! You’re in the market to make a home purchase, perhaps your first, and Gateway is ready to help you move in as soon as you can. This is one of the biggest steps a person can take, and it may very well be the most expensive one you u...
Traditionally, home listing and buying season starts in the Spring and Summer. It’s not hard to see why: lawns are green, flowers are in bloom, and homes and neighborhoods tend to look their best. As the weather cools, so do the markets – which m...
So you’re ready to jump into the search for your first home. It’s the American dream, after all, right? Just be sure to get your ducks in a row before setting out on your grand adventure. Here are our top three things to remember when buying your...