Ishakis Finance Report Mortgage Broker Brooklyn
Loan Officer Yael Ishakis’s take on mortgage and finance news.
Inflation affects nearly every part of the economy, from grocery prices to the cost of borrowing. For homeowners and buyers, understanding how inflation impacts mortgage rates and payments can be a powerful advantage. While rising prices can feel discouraging, there are strategic ways borrowers can benefit during inflationary periods. How Inflation Impacts Mortgages When inflation… Continue reading Understanding Mortgages and Inflation and How Borrowers Can Benefit
Many homeowners want to reduce their monthly mortgage payments but hesitate to refinance. Refinancing can come with closing costs, new loan terms, and time-consuming paperwork. The good news is that there are several ways to lower your payment without refinancing. Recast Your Mortgage One option is a mortgage recast. This allows you to make a… Continue reading How to Lower Payments Without Refinancing
Buying a home is one of the biggest financial decisions most people will ever make, and the mortgage process can feel overwhelming. With so much information available, it is easy for myths to spread, and many homebuyers still believe ideas that are simply not true. Clearing up these misconceptions can make the path to homeownership… Continue reading Myths About Mortgages That Still Fool Homebuyers
Buying a home is more than a place to live, it is a path to financial growth, every mortgage payment builds equity, giving homeowners a valuable asset over time, unlike renting where monthly payments go to a landlord, homeowners are investing in their future, with the right mortgage strategy, owning a home can be one… Continue reading Is Homeownership Still the American Dream?
For many people, the idea of getting pre-approved for a mortgage feels overwhelming. You are asked to hand over personal financial information, trust a stranger with your credit report, and answer questions you may not feel ready to face. It is no wonder some buyers delay this step, even when they are serious about purchasing… Continue reading Why Getting Pre-Approved Feels So Intimidating, and Why It Shouldn’t
Deciding to buy a home when you know you might move within a few years can be a challenging choice. Many people wonder if it makes financial sense to take on a mortgage if they will not live in the property long term. The answer depends on several factors, including your personal goals, market conditions,… Continue reading Should You Get a Mortgage If You Plan to Move Soon?
A rent-to-own agreement is a contract that allows a tenant to rent a home with the option to buy it later. Part of the monthly rent payment typically goes toward the future down payment or purchase price. This approach can be ideal for buyers who need more time to improve their credit, save money, or… Continue reading Creative Ways to Use Rent-to-Own Agreements to Buy a Home
As Americans prepare to celebrate the Fourth of July, it is important to reflect on the core values that define our nation: freedom, opportunity, and the pursuit of a better life. These same ideals continue to inspire individuals and families across the country to pursue homeownership, which remains a foundational part of financial independence and… Continue reading Reflecting on the Meaning of Independence Day
If you are self-employed or work as a freelancer, you may be wondering whether buying a home is even possible. The good news? It absolutely is, but you will want to be prepared for a few extra steps in the process. Here are five common questions freelancers ask when it comes to getting a mortgage.… Continue reading Can Freelancers Get a Mortgage?
As your mortgage advisor, I am not here to tell you to give up your favorite coffee, but I am here to show you how something as simple as your daily coffee run can reveal some powerful lessons about how to pay off your mortgage faster. The Cost of Coffee and the Opportunity It Hides… Continue reading What Your Coffee Habit Can Teach You About Paying Off Your Mortgage Faster