The Mortgage Files

Nationally syndicated mortgage news and advice from Senior Loan Officer Scott Sheldon.

Cartoon-style illustration of a couple standing in front of a yellow house with a large clock behind them and a “For Sale” sign, symbolizing the timing of buying a home in the real estate market.

Timing the Market: How to Know When It’s the Right Time to Buy a Home

By Scott Sheldon / December 12, 2025

Everyone dreams of buying a home at just the right moment—when prices are low, rates are perfect, and the competition has cooled off. The reality? Perfect timing in real estate is nearly impossible. What you can do is focus on the practical factors that tell you when it’s the right time for you to buy,…

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Cartoon-style illustration of a homeowner sitting on a large house-shaped piggy bank with empty pockets, representing being house-rich but cash-poor.

House-Rich, Cash-Poor: How to Protect Your Cash Flow Without Sacrificing Equity

By Scott Sheldon / December 4, 2025

Owning a valuable home feels great—until your checking account says otherwise. Many homeowners are house-rich and cash-poor: sitting on significant home equity but struggling with day-to-day expenses. On paper, they look financially strong. In practice, they’re stretched thin. The key to long-term stability is finding balance—protecting equity while keeping your cash flow flexible and healthy.…

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Minimalist infographic with bold black text on a cream background. It reads: 'THINK TWICE ABOUT BUYING A HOME SOLO' at the top, followed by icons of a person and a house with 'VS.' between them. Below that, it says 'INCOME VELOCITY & PURCHASING POWER' and ends with 'IS PRESERVING FIRST-TIME BUYER STATUS WORTH IT?' The design is framed by a black border

Why Buying a Home Without Your Significant Other Might Hurt More Than It Helps

By Scott Sheldon / July 24, 2025

If you’re a homebuyer—or a first-time homebuyer—making strong income and thinking about purchasing a home on your own without your significant other on the loan, I want to offer some perspective before you pull the trigger. It’s a common thought process:“I’ll buy the home in just my name, and that way my partner can still…

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