Recent Articles
Conventional One-Time Close Construction Loans: A Complete Guide
A Conventional One-Time Close (OTC) construction loan lets you finance your build and your permanent mortgage with a single closing. You’ll make interest-only payments during construction on the funds drawn, then the loan converts to a long-term fixed or ARM when the home is complete—no second closing. Benefits include one set of fees, extended rate-lock protection (often with float-down options), cancellable PMI above 80% LTV, and the ability to use existing lot equity toward your down payment. Get an appraisal “subject to completion,” approve your builder and plans, set a realistic draw schedule and contingency, and avoid change-order overruns. This guide covers eligibility, the step-by-step process, costs, PMI choices, and FAQs so you can decide if a conventional OTC is the right path for your new home.
Published on 08/21/2025
Lower Rates? Don’t Relax Just Yet
Mortgage rates stayed mostly flat this week, holding near 10-month lows. Here’s what happened from August 18–20 and why upcoming economic data could shake things up.
Published on 08/20/2025
Mortgage Rates at 10-Month Lows! Big Opportunity!
Mortgage rates are holding near 10-month lows after early August’s jobs report and mixed inflation data. Here’s what homebuyers and homeowners need to know.
Published on 08/14/2025
Understanding Today's Mortgage Rates: What You Need to Know
Curious about today's mortgage rates? Learn how current mortgage rates affect your monthly payments and the total cost of your home loan. Discover tips for securing the best rates with Mojave River Mortgage and get expert insights on factors influencing mortgage rates today.
Published on 08/11/2025
Rates Just Hit a 10-Month Low!
Mortgage rates just hit their lowest levels since October 2024 following a big shift in the bond market. Here’s why it matters for homebuyers and homeowners.
Published on 08/05/2025
Housing Market Confusing? Here’s Why You’re Hearing Mixed Messages
Confused by the housing market? You're not alone. Here's why the market feels hot and cold at the same time—and what it means for you as a homebuyer.
Published on 07/30/2025
Could Removing Capital Gains Taxes on Home Sales Revive the Housing Market?
A new proposal suggests removing capital gains taxes on primary home sales to boost the housing market. Here’s what it could mean for homeowners and buyers.
Published on 07/23/2025
Game-Changer: Credit Scores Just Got Rewritten
A new credit scoring update could impact who qualifies for a mortgage and at what rate. Learn what this means for first-time buyers and why now is the time to speak with your loan officer.
Published on 07/16/2025
Should You Buy a Home Before Your Divorce is Final? Here’s What to Know
Buying a house before your divorce is finalized? Here’s why it could create legal and financial complications—and how to plan smart.
Published on 07/08/2025