Mortgage Interest

When you “lock” your interest rate with a lender you are essentially entering into an agreement with your lender in which the lender agrees to assume the risk of the interest rate changing during the time of the lock period, and you are agreeing to close your loan with the lender even if the interest […]


Buying a home can be such an exciting new venture. However, it is not uncommon for new homeowners to become quickly disenchanted with home ownership when they realize how slowly they are paying off their 30 year mortgage. It happened to me when I bought my first house.