As a mortgage lender, we understand that interest rates play a crucial role in the housing market. When interest rates rise or fall, it can have a significant impact, affecting everything from home prices to the number of homes sold. In this blog post, we will discuss the impact of interest rates on the housing […]
Here at Southpoint Financial Services, we often get asked about the benefits of refinancing a home. Refinancing can be an excellent way to save money on your monthly mortgage payments, access cash, or even shorten the length of your mortgage term. In this blog post, we will explore the benefits of refinancing your home and […]
You’ve probably heard the term “cash-out refinance” before. Maybe your neighbor used one to pay for their room addition or buy an RV for your new way of vacationing. Whatever the reason, you can leverage the equity you have built by owning your home, which can help pay for things like home renovation, education, pay off […]
If you are getting ready to buy a home, you might want to consider using an FHA loan. What are these mortgages? Here are answers to some of the most frequently asked questions about FHA loans to help you decide if one is right for you. What is an FHA Loan? An FHA loan is […]
Home buyers often find the process exciting, scary, and overwhelming all at the same time. When you’re ready to move on from your starter home, you will already be familiar with the process, but there are still a few things you might want to consider. Interest Rates Depending on how long ago you bought your […]