What’s Ahead For Mortgage Rates This Week – December 26, 2023

December 26, 2023

The final release of the GDP figures are the last large releases of the year before moving into Q1 of 2024, with the GDP report showing the economy had shown growth — particularly in Q3 with it tapering off by the end of the year. While the growth had been strong, it still was less […]

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The Benefits of Construction-to-Permanent Loans

December 22, 2023

Embarking on a home construction project is an exciting journey that can lead to your dream home becoming a reality. However, the financial aspects of building a home can be challenging to navigate. This is where construction-to-permanent loans come into play. These unique financing options offer a range of benefits that can make the construction […]

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Mortgages for Non-U.S. Citizens Exploring Financing Options for Foreign Homebuyers

December 21, 2023

Becoming a homeowner in a foreign land is an exciting yet intricate journey. For non-U.S. citizens, securing a mortgage in the United States involves understanding and meeting specific requirements. We will explore the essential prerequisites and considerations for non-U.S. citizens aspiring to own a piece of the American dream. Visa Status and Residency: Before delving […]

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Creative Financing Options for Homebuyers

December 20, 2023

When it comes to purchasing Real Estate, the traditional financing options may not always be the perfect fit for every aspiring homeowner. Fortunately, a range of alternative financing options exists, offering innovative solutions that cater to diverse financial circumstances. Here are some creative financing avenues that empower homebuyers to achieve their dream of homeownership: rent-to-own, […]

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How Mortgage Refinancing Can Help to Finance Home Improvements

December 19, 2023

If you’re planning to remodel or renovate your home in the near future – whether to provide a better living environment or as part of a house flip – you’ll need to find a way to pay for your home improvements. There are several different possible sources of renovation money, each with its advantages and […]

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What’s Ahead For Mortgage Rates This Week – December 18, 2023

December 18, 2023

With both CPI and PPI reports well within expectations, there is a favorable reception across the broader market spectrum that these reports are a strong sign that the Federal Reverse will begin rate cuts in 2024. A soft landing for the economy is the primary goal of the Federal Reserve, and it would seem their […]

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What’s Ahead For Mortgage Rates This Week – December 11, 2023

December 11, 2023

This will be another light week before the next large releases of the CPI and PPI data. The overall unemployment numbers have been trending lower which will likely leave the Federal Reserve board in a state of suspension. They have made many assertive statements they do not intend to cut rates soon, but the signs […]

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Understanding the Jumbo Mortgage and Why Refinancing is Different

December 8, 2023

The contemporary trend towards expansive dimensions is palpable in various aspects of modern life. Oversized soft drinks, large fast-food meals, and expansive smartphones have become ubiquitous. However, one unlikely sector experiencing a similar trend is the realm of mortgages. Delving into the specifics, what exactly constitutes a jumbo mortgage? How does it differ from its […]

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How Do Mortgage Points Cut Your Interest Costs?

December 7, 2023

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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You Ask, We Answer: What Are the Pros and Cons of Private Mortgage Insurance?

December 6, 2023

It’s easy to get Private Mortgage Insurance (PMI) confused with homeowners’ insurance, but PMI is an entirely different thing that may or may not be necessary when it comes to your home purchase. If you’re going to be investing in a home soon and are wondering what PMI may mean for you, here are some […]

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