Property ownership involves more than just holding a deed. Liens and encumbrances represent legal claims or restrictions affecting your property rights. Understanding these concepts protects your investment and prevents complications when selling, refinan
Nov 20, 2025 | Purchasing a Home
Home prices have risen significantly in recent years, leaving many prospective buyers wondering if waiting for prices to decline makes sense. Understanding market dynamics and your personal financial readiness helps you make informed decisions about when
Nov 12, 2025 | Purchasing a Home
Choosing a mortgage term ranks among the most significant financial decisions you'll make as a homebuyer. The 30-year fixed-rate mortgage remains the most popular option, but understanding both its advantages and drawbacks helps you determine if it fits y
Nov 04, 2025 | Purchasing a Home
The mortgage maturity date marks when your loan term officially ends and the remaining balance becomes due. Understanding this date helps you plan your finances, evaluate refinancing opportunities, and make strategic decisions about extra payments through
Oct 30, 2025 | Purchasing a Home
As jack-o'-lanterns glow and trick-or-treaters fill the streets, we're reminded that the greatest joy in our work is serving wonderful clients like you and your family. From all of us at Delano Mortgage Services, we hope your Halloween is filled with fun,
Oct 28, 2025 | Purchasing a Home
The average American mortgage payment has reached $2,329 per month, up 21% from $1,924 in 2023. Rising home prices and interest rates averaging 6.68% are driving these increases. But that's just the beginning of what homeownership actually costs. What's I
Oct 23, 2025 | Purchasing a Home