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Recently asked questions
Q: What does the term ‘conforming’ mean?
SEP 21, 2023
A:
Simply put, a "conforming" mortgage "conforms" to a set of standards so that the loan can be eligible to be sold to Fannie Mae or Freddie Mac.
Read MoreQ: Can you recommend a company specializing in mortgage modifications?
AUG 29, 2023
A:
No, we're not in a position to do that, but you should be careful when reviewing offers that haven't come from your mortgage servicer.
Read MoreQ: How are mortgage interest rates determined?
APR 25, 2023
A:
Mortgage rates fluctuate from day to day, depending on a number of factors related to the economy and to choices made by investors. While some mortgage money comes from deposits held by banks and credit unions, most of the funds for borrowers come from investors in capital markets.
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