Tag: Home Finance

Posted on 01/01/2023
Escrow accounts: The simple benefits of having one
Escrow accounts are typically handled by a neutral third-party provider. These providers are often banks whose only interest in the transaction of residential real estate is to ensure materials, funds and other important documents are properly handled and distributed to the appropriate parties. These institutions typically carry coverage, and if you’re already familiar with or bank with these...
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Posted on 12/11/2022
Mortgage points: Pros and cons of prepaid mortgage interest
When buying a home, many homebuyers tend to search for the best mortgage interest rates available. While some may find that perfect rate, others may opt to take advantage of lender-provided options, such as mortgage points. Mortgage points are designed to help buyers bring down their interest rates by paying them ahead of time. Sometimes considered “discount points,”...
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