Strategies for Single Homebuyers

May 15, 2024

Are you a single individual ready to take the plunge into homeownership? Congratulations! While the journey might seem overwhelming, especially when it comes to securing a mortgage, there is no need to worry. With the right strategies and tips, you can navigate the process with confidence and success. As a mortgage lender with years of […]

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How Do Mortgage Points Cut Your Interest Costs?

May 14, 2024

Those who are involved in the real estate industry likely know that mortgage rates are at an all-time low. At the same time, nobody wants to pay more for a house than they have to. Some of the most important factors that dictate how much someone is going to pay for a house include points […]

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What’s Ahead For Mortgage Rates This Week – May 13th, 2024

May 13, 2024

An extremely light week following the FOMC, with the only note-worthy reporting being the Consumer Sentiment reports from the University of Michigan, which gives a long term outlook of the consumer on the economy. The report has come in well under expectations, much more so than any previous release in the last 6 months. This […]

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Understanding the Vital Role of Homeowners Insurance in Mortgage Agreements

May 10, 2024

Owning a home is a dream for many, representing a significant milestone and a considerable financial investment. However, along with the excitement of homeownership comes a set of responsibilities and financial commitments. One of the most crucial aspects of safeguarding your investment is securing homeowners insurance. Protecting Your Investment Your home is likely the most […]

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The 5 C’s of Mortgage Underwriting

May 9, 2024

Buying a home is one of the most significant financial decisions most of us will ever make. It’s a journey filled with excitement, anticipation, and sometimes, a touch of anxiety. Among the many steps involved in this process, understanding mortgage underwriting is crucial. To demystify this complex process, let’s delve into the 5 C’s of […]

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APR vs. Interest Rates

May 8, 2024

If you’re gearing up to dive into the world of real estate, there are a few key terms you’ll want to wrap your head around before taking the plunge. Today, we’re demystifying APR and interest rate, two crucial concepts that can impact your home-buying journey. Don’t worry, I’ll break it down in simple terms so […]

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Deciding Between 30-Year vs. 20-Year Mortgages: Which Is the Right Fit for You?

May 7, 2024

Are you in the market for a new home? One of the most crucial decisions you’ll face is choosing the right mortgage term. With options like 30-year and 20-year mortgages available, it’s essential to weigh the pros and cons to make an informed decision that suits your financial goals. Let’s discuss the debate of 30-year […]

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What’s Ahead For Mortgage Rates This Week – May 6th, 2024

May 6, 2024

Week in Review With the passing of the Federal Open Market Committee rate decision panel, we now have definitively confirmed that the Federal Reserve intends to keep the rates at a two-decade high, for the sixth straight meeting by a unanimous vote. Jerome Powell had stated during the Q&A that they do not intend to […]

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What Every Homeowner Should Know About Mortgage Forbearance

May 3, 2024

With all of the economic uncertainties, many homeowners find themselves facing financial hardships that impact their ability to meet mortgage payments. Whether it’s due to job loss, medical emergencies, or other unexpected circumstances, the fear of losing one’s home can be overwhelming. Fortunately, there’s a lifeline available in the form of mortgage forbearance. Understanding Mortgage […]

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Mortgage Tips for Empty Nesters: Downsizing and Relocating

May 2, 2024

So you are soon to be an empty nester! With the kids flown from the nest, it’s your time to welcome a new chapter of freedom and flexibility. Whether you’re looking to downsize to a cozier space or relocate to your dream destination, navigating the mortgage landscape can seem overwhelming. There is no need to […]

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