With many economists predicting the Federal Reserve to continue to rise rates to combat inflation, that spells unwelcome news for many would-be first-time homebuyers looking to purchase a property. The Fed has already raised rates three times this year and most expect that we’ll see two more rate hikes before 2022 comes to a close.… Continue Reading
Mortgage rates have gone well over 7% as we move into the last quarter of 2022, hitting a 20-year high. As a result, home buyers are looking for alternatives to get a lower rate and more affordable payments on their home purchases. One of those alternatives gaining popularity is assuming loans that the home seller… Continue Reading
If you think you need hundreds of thousands of dollars to start investing in Real Estate, read on and find out how you can start investing with little or no money, the legitimate way. This is not a midnight infomercial style approach with dubious-looking characters in funny suits aboard luxury yachts! This is 100% above… Continue Reading
As we close out the third quarter of 2022, mortgage rates have hit a 20-year high. The 30-year rate on fixed-rate mortgages sits at just over 7% now. If you need to buy a home or refinance your current mortgage, what can you do to save on your mortgage right now? Let’s explore some money-saving… Continue Reading
“To Lock Or Not To Lock”- may not be the age-old question…but definitely a relevant topic as we close out the 3rd quarter of 2022. Currently, rates are trending up, so it is a perfect time to find out how you can benefit from locking your mortgage rate. Here is what we will be covering… Continue Reading
Home loans for people with bad credit are surprisingly available. If you have had credit challenges in the past and want to refinance or buy a home, you have options. There are excellent loans such as FHA and VA loans that give you the opportunity to buy or refinance a home even if you have… Continue Reading
When trying to purchase your first home, many things can be confusing to borrowers during the mortgage process. From acronyms like DTI, ATR and front-end and back-end ratios, calculating income is an area many first time homebuyers don’t understand. However, a simple review of how lenders will evaluate your income can help you determine if… Continue Reading
The decision to keep renting or to buy a home is one of the most significant decisions adults will make in a lifetime. As we currently face one of the most challenging times in housing history, deciding whether to do one or the other seems even more complex. The younger generation looking to move out… Continue Reading
Buying a home is a process with many steps. Practically anyone who has started that journey eventually contacted a Real Estate agent, and the question has come up: Have you been pre-approved? The homebuyer may have been pre-qualified by a lender and may think that it is the same thing. Unfortunately, pre-qualification and pre-approval are… Continue Reading
It is a widely held belief that you need to put 10-20% down to buy a house. The truth is, you can buy a house with as little as ZERO down payment, and if you have the right programs in place, you can get into your own home with ZERO OUT OF POCKET! If you… Continue Reading