Summit Real Estate Blog

Taking the Fear out of the Mortgage Process

Taking the Fear out of the Mortgage Process

A considerable number of potential buyers shy away from jumping into the real estate market due to their uncertainty about the buying process. A specific cause for concern tends to be mortgage qualification.For many, the mortgage process can be ...

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Mortgage Rates by Decade Compared to Today

Mortgage Rates by Decade Compared to Today

 The interest rate you secure for your mortgage greatly influences your monthly housing costs.In the 1980s, 30-year fixed mortgage rates averaged in the high 12s making the monthly principal and interest payment over $2,000.Interest rates are still ...

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