Ishakis Finance Report Mortgage Broker Brooklyn
Loan Officer Yael Ishakis’s take on mortgage and finance news.
Purchasing a home is a significant milestone, and first-time homebuyer programs make the process easier for many stepping into homeownership. But what if you’ve owned a home before or are currently a homeowner? Can you qualify as a first-time homebuyer again? Surprisingly, the answer is yes. Under certain conditions, you may be eligible for these… Continue reading Can You Be a First-Time Homebuyer Again?
When you begin the exciting journey toward homeownership, understanding the financial aspects is vital. A key document in this process is the Loan Estimate. Provided by lenders when you apply for a mortgage, the Loan Estimate is your guide to deciphering the terms of your loan. Learning how to read and analyze this document is… Continue reading Understanding Loan Estimates for Smarter Home Financing
As the year draws to a close, it’s the perfect time to take a step back and review your financial health, especially if you plan to purchase a home next year. Whether you’re a first-time buyer or looking to upgrade, proper preparation can make all the difference when securing a mortgage with favorable terms. Here’s… Continue reading Steps to Prepare for Future Home Financing and Year-End Financial Checklist
Many homeowners seek to enhance their living spaces while adding value to their properties. However, numerous home improvement initiatives often come with exorbitant price tags, reaching six figures for extensive renovation projects. Nonetheless, there exist cost-effective alternatives that homeowners can explore. What are some of the top considerations for homeowners? Invest in Quality Ceiling… Continue reading Maximizing Your Home Improvement Budget
Owning a home is often hailed as the pinnacle of financial achievement, a symbol of stability, and a smart investment for the future. However, behind the allure of homeownership lies a maze of hidden expenses that can catch even the most diligent buyers off guard. We will discuss the less obvious costs associated with owning… Continue reading Beyond the Mortgage: True Cost of Homeownership
Buying a home is one of life’s significant milestones, but it often comes with a significant price tag. Fortunately, the sticker price on a house isn’t always set in stone. When buying a home, negotiating certain costs can save you a significant amount of money. Here are some costs that every homebuyer should negotiate: Closing… Continue reading Negotiating Homebuying Costs: Securing Your Dream Home at the Right Price
According to the Federal Reserve, a credit card balance of $5,000 at 23.99 percent APR won’t pay off for 16,127 years. That’s one reason why it’s important to manage your credit card rates, and renegotiate them whenever possible. Here’s how to do that.
Is it better to rent a home, or to buy one? The answer may not be as clear-cut as you think. In this balanced, 3-minute joint interview from NBC’s The Today Show, you’ll hear the case for both sides.
The fiscal responsibility of a homeowner extends beyond the mortgage’s basic principal and interest repayments. Homeowners are also responsible for the real estate taxes on the home and its insurance premiums, too.