In the middle of March 2025, commercial mortgage rates are still being shaped by a variety of factors, with the federal funds rate sitting at 4.25% to 4.50%. After the Federal Reserve opted to maintain this range in January, few experts expect a rate cut in the upcoming March meeting. Projections indicate potential cuts later..
Category: EB Mortgage - page 2
Mortgage rates in the United States have hit their lowest point of 2025, marking the fourth consecutive week of decline. This slight easing in borrowing costs has ignited a surge in refinancing activities while potential homebuyers monitor the market for further developments. According to Freddie Mac’s latest report, the average rate for a 30-year fixed..
Navigating the mortgage landscape can be daunting due to the complex terminology used in the industry. This article aims to clarify some of the most common terms you will encounter, helping you make informed decisions whether you’re buying a home or investing in real estate. 1. Amortization Amortization refers to the process of spreading out..
A mortgage is essentially a loan used to finance the purchase of a home, similar to how auto financing is used to buy a car. When individuals want to make a large purchase but either lack the funds or prefer not to use all their cash at once, they opt for financing. This arrangement involves..
DSCR or a Debt Service Coverage Ratio loan is the calculation used by lenders to assess the cash flow available to pay current debt obligations. The DSCR is calculated by dividing the property’s annual net operating income by its annual total debt service (the total amount of money required to cover loan payments over the..