Buying your first home is an exciting milestone, but it can also be a daunting task—especially when it comes to understanding mortgage rates. Fortunately, if you’re a first-time homebuyer, you might have lucked out with falling interest rates. While we’re not in the era of sub-3% home loan rates, current mortgage rates have dipped below […]
Whether you’re a seasoned homeowner or a first-time buyer, understanding the types of debt and how they influence your mortgage application is essential for securing the best deal possible. This guide will help you understand the different types of debt, their impact on mortgage applications, and strategies to manage debt effectively.