2024 Mortgage Market Recap: Big Shifts, New Challenges, and What’s Next for Borrowers

2024 Mortgage Market Recap: Big Shifts, New Challenges, and What’s Next for Borrowers

              2024 brought notable developments in the mortgage industry, influenced by advocacy efforts, economic shifts, and evolving regulations. As 2024 wraps up, these changes reflect the complexity of today’s

Dec 18, 2024 |

Getting Ready for Homebuying in 2025

Getting Ready for Homebuying in 2025

              As we head into the New Year, you might be thinking about buying a new home at some point in 2025. Keep in mind, to qualify for a mortgage, your credit profile still matters. Use the tips below to str

Dec 11, 2024 |

How Are Mortgage Interest Rates Determined?

How Are Mortgage Interest Rates Determined?

              Understanding how mortgage interest rates are determined can help you make more informed financial decisions, especially if you're planning to refinance or buy a home soon. Here's what you need to know abou

Dec 04, 2024 |

Understanding Sales Price vs. Appraised Value in Real Estate

Understanding Sales Price vs. Appraised Value in Real Estate

Whether you're buying or selling a home, you'll frequently hear the terms sales price and appraised value. These concepts are key to navigating the transaction process, and understanding them can make all the difference. Let’s break them down into s

Nov 19, 2024 | Purchasing a Home

Preparing for Your First Mortgage Payment: Key Details to Know

Preparing for Your First Mortgage Payment: Key Details to Know

After buying your home, it’s time to prepare for your first mortgage payment. At Benchmark Mortgage Companies we want to help you get off to a great start owning your new home! Here’s everything you need to know about your first mortgage payme

Nov 12, 2024 | Purchasing a Home

Is FHA Streamline Refinance Right for You?

Is FHA Streamline Refinance Right for You?

If you've ever thought refinancing your home was as challenging as climbing a mountain, you’re not alone. Fortunately, for homeowners with an FHA loan, the FHA Streamline Refinance program offers a simpler way to achieve lower payments and potential

Nov 05, 2024 | Refinancing a Home

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Ready to Fund Your Dreams?

Reach out to our team of local mortgage specialists and take the initial step towards homeownership. Our team is ready to assist you throughout the process, offering you the necessary information and guidance to help you make informed decisions for your unique needs. Don't delay any longer - contact us today to begin.

 

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