With interest rates as high as they are consumers want adjustable-rate mortgages for payment relief. If you’re thinking about an adjustable-rate mortgage versus a fixed-rate mortgage here are some things, you need … [Read More…]
home buying
Why focusing on finding the right home is better solution than searching loan programs
Most families would agree they would prefer to buy a home vs renting a home. Buying a home is not for everyone and it does require a certain degree of financial aptitude … [Read More…]
how filing your tax returns might hurt your mortgage chances
If you’re looking to purchase or refinance a home, and you have not filed your 2021 tax return yet. And this goes for any year, here’s what you need to know as … [Read More…]
Freddie Mac changes to accessory dwelling units
On June 3rd Freddie Mac announced changes to Freddie Mac conventional mortgages for single-family homes with granny units. These changes allow for expanded financing on Freddie Mac mortgages. So, if you’re looking … [Read More…]
How to turn a pre-approved buyer into a cash buyer
As the real estate market continues to become increasingly competitive, you might find yourself making offers on homes above the asking price. Possibly even waiving contingencies on the advice of your real … [Read More…]
Position your pre-approval against rising rates
The inflationary environment that we are in, coupled with the supply chain, and rising prices of food and energy, all have contributed to higher costs for about every economic resource. Interest rates … [Read More…]
Does the Federal Reserve make mortgage rates go up or down?
It’s no secret unless you’ve been living under a rock, that the Federal Reserve almost for certain is going to raise interest rates in March of 2022. The question then becomes if … [Read More…]
Should you refinance during rising rates?
If you’re thinking about refinancing your house and you’ve been on the fence; now would be a good time to start that application. Interest rates are all relative so it’s important to … [Read More…]
