Assumable Mortgages
What is an “Assumable Mortgage”? Assumable mortgages have gained attention in the real estate market as a unique financing option for homebuyers. In this blog post, we’ll delve into the pros…
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Real Estate vs Stock Market
Harness the Power of Real Estate: Why it Outshines the Stock Market as an Investment Option Take a look at the chart below to compare how Real Estate compares to the…
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Governments Role in Housing
Fannie Mae, Freddie Mac, the Federal Housing Finance Agency (FHFA), and the Department of Housing and Urban Development (HUD) are all government entities that play important roles in the housing sector.…
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The Evolution of Mortgages: From Ancient Times to Modern Society
The History of Mortgages A mortgage is a loan that is used to finance the purchase of a property, such as a home or commercial building. Mortgages have a long history…
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Understanding the Housing Sector: Fannie Mae, Freddie Mac, and More
The real estate world can be incredibly daunting, especially for first-time home buyers or those looking to improve their financial footing in the industry. The terms and acronyms associated with mortgages,…
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Understanding Mortgage Rates
Understanding Mortgage Interest Rates: A Guide for First-time Homebuyers Embarking on the journey to homeownership can be exciting, but as a first-time homebuyer, the world of mortgage interest rates may seem…
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Buying a house in 2023
Buying a house is a major investment and decision that requires careful consideration of several factors, including market conditions, financing options, and personal circumstances. In 2023, the housing market is likely…
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Closing Costs
When you’re in the process of buying a home, there are many costs to consider beyond just the down payment. One of the most significant expenses to be aware of is…
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Portland Office Announcement
Root Mortgage, a local mortgage company that prides itself on building relationships, educating clients, and offering exceptional service, has announced the opening of a new office on the west side of…
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The Big Four
When it comes to getting a mortgage, there are four key factors that borrowers need to consider. Credit score, down payment, debt-to-income ratio, and employment history. These factors are often referred…
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What is a Mortgage?
Mortgages are a fundamental aspect of the real estate industry, but they can also be confusing for first-time homebuyers or those who are unfamiliar with the process. In this article, we…
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