Until the interest rate is locked, the credit you receive (or the price you pay) for an interest rate can change minute by minute. Once your interest rate is locked, as long as your loan closes within the allocated lock period, your interest rat
When you are in the market for a Utah mortgage, one of the many decisions you’ll have to make is whether to apply for a fixed-rate loan or an adjustable rate mortgage (ARM). Both can be beneficial, depending on your situation. Learning the differenc
If you're buying a home or refinancing your Utah mortgage, you have probably heard about “mortgage points or discount points.” This form of pre-paid interest can save you thousands of dollars over the course of your loan but in many circum
Do you know the difference between discount points and origination points? These are two important terms any home buyer should understand. Each type of point is equal to one percent of your total loan amount. For example, on a $200,000 loan, one poi
When you’re buying a home or refinancing, Utah mortgage rates can often seem pretty mysterious. They can move up and down each day —sometimes changing several times in just one day! Here’s why: Mortgage rates are highly dependent o
