Tag Archive for: mortgage payment

Learn How to Lower Your Monthly Mortgage Payment

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Are you feeling weighed down by high interest rates and hefty monthly mortgage payments? Don't fret. JVM Lending is here to guide you through your journey toward the best way to lower your monthly mortgage payments. We understand how challenging it can be to balance your budget, especially when a considerable chunk of your income goes to your mortgage every month. We’ve compiled the best strategies to help you lower those monthly payments and put more cash back in your pocket.Read More

Buyer Was Furious: “When Is My First Mortgage Payment Due?”

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Buyer Was Furious Because Her First Payment WAs Due One Month Sooner Than She Thought! We had a buyer who was very upset because her first payment came due a […]Read More

How Much Have Rates Risen? Will They Fall?

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Last year at this time, the average conforming 30-year fixed-rate was about 2.7%, per Freddie Mac. Currently, the average conforming rate is over 3.7%. So, rates have risen a full 1% now over the last 12 months.Read More

Why Inflation Makes Your Fixed-Rate Mortgage An Asset

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Not only is housing a great inflation hedge as a “hard asset,” but a low 30-year fixed-rate makes financed housing an even better inflation hedge. A fixed mortgage payment in a world of rising inflation, rising incomes, rising rents, and a falling dollar could be the best asset we have.Read More

Rent vs. Buy Calculators; A “Must” for Renters Nervous About Payments

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Below is a repeat of a blog from September of 2014. It is still applicable today. Interesting aside: the rate quote was 1/8% higher than today’s rate, so rates are […]Read More