Standard Mortgage Blog

If you are in the market to buy a home, then you've heard all the buzz about the probability that the Federal Reserve will start cutting rates soon. As inflation has cooled, mortgage rates have already started to come down, averaging nearly a whole percentage point less than this same time last year. With additional help from cuts by the Fed expected this month, rates could fall even more and..

Homeownership is a pillar of personal wealth-building and financial security. It provides stability, a sense of community, and long-term financial benefits. Purchasing a home is often the most significant investment individuals make. A home's value, affordability, and the ability to maintain it are all influenced by the economic climate.

Refinancing a mortgage may be asmart financial decision. It allows homeowners to lower their monthly payments, reduce the total interest paid over the life of the loan, or access cash for other needs. However, there are costs involved that homeowners should consider before proceeding. By understanding the basics, you can prepare for the financial implications of refinancing and engage in..