The Top 3 Reasons To Invest In A Reverse Mortgage

September 1, 2020

For seniors who have equity built up in their home, they might have heard about something called a reverse mortgage. There are plenty of TV commercials for reverse mortgages; however, there is still a lot of confusion regarding what they are.

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What’s Ahead For Mortgage Rates This Week – August 31, 2020

August 31, 2020

Last week’s economic news included readings from Case-Shiller Home Price Indices, along with data on new and pending home sales. Weekly readings on mortgage rates and new and continuing jobless claims were also published.

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Condo Damage Caused By Contractors Hired By The HOA: Who Pays?

August 28, 2020

For those who live in a condo, they know that there are numerous advantages that come with this living arrangement. Living in a condo means that other people are going to be responsible for landscaping and common areas while homeowners are still able to build equity in the home.

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Refi or Wait? How to Choose Between Refinancing Your Mortgage Now or Waiting Until You Need the Money

August 27, 2020

For those homeowners who have lived in their home for more than a few years, pulling equity out of the property is a tempting potential benefit. However, with property values and interest rates adjusting frequently, you may wonder if now is the best time to refinance your mortgage.

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Case-Shiller: June Home Prices Rise as Affordability Crisis Grows

August 26, 2020

According to the National Case-Shiller Home Price Index for June, U.S. home prices rose 4.30 percent year-over-year, which was unchanged from May’s year-over-year home price growth rate. Home prices are expected to continue growing through 2020 as businesses reopen and COVID-19 restrictions ease.

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From Big to Small: How to Downsize from a Large House to a Smaller, More Efficient Home

August 25, 2020

If you’re moving from a large home into a smaller house or condo, you’re probably looking forward to enjoying a lower heating bill and not having to do as much cleaning. But before you move, you’ll want to take certain precautions to ensure that you’re not overwhelmed.

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What’s Ahead For Mortgage Rates This Week – August 24, 2020

August 24, 2020

Last week’s economic news included readings from Case-Shiller on home prices, the National Association of Home Builders Housing Market Indices, and sales of previously-owned homes. Readings on housing starts and building permits issued were released. Weekly reports on mortgage rates, new and continuing jobless claims were also published.

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Tips For Deciding The Value Of A Home

August 21, 2020

Homes are more than just a building. They are filled with memories of children taking their first steps, holidays that were celebrated with family members and friends, and Super Bowl parties filled with smiles and cheers.

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The Pros and Cons of Buying a New Home Versus Buying Pre-owned

August 20, 2020

Buying a house, condo or townhouse is an exciting and rewarding time which tends to be a lot of fun. However, along the way you’ll need to make a number of decisions – including whether you want to buy a pre-owned home or one that has been built recently.

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Applying for a Mortgage? Three Questions Your Lender Will Ask You – and How to Prepare Your Answers

August 19, 2020

Before approving a mortgage, your lender is going to have to do his due diligence to ensure that you can afford a loan large enough to pay for a house. Here’s how you can prepare to answer these questions in a way that will increase your likelihood of approval.

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