Blog
Unmasking Scary Myths about Today’s Housing Market
Unmasking Scary Myths about Today’s Housing Market [INFOGRAPHIC] Some Highlights Here’s what you really need to know about a few myths causing fear in today’s housing market. Despite common misconceptions, many people can buy a home even if they have student loans, home prices are rising nationally (not falling), and you usually don’t have to have 20% for a down payment. If you have other fears... Read More
Your Home Equity Can Offset Affordability Challenges
If you are thinking about selling your home, I’m sure today’s mortgage rates may be making you wonder if that’s the right decision. Naturally, some homeowners are reluctant to sell and take on a higher mortgage rate on their next home. If this is you and you’re worried about this, keep in mind that even though rates... Read More
Mortgage Rates: Past, Present, and Possible Future
Are you hoping to buy a home this year? If you are, then you’re probably paying close attention to mortgage rates. As mortgage rates impact what you can afford when you take out a home loan, (and affordability is a challenge today) it’s a good time to look at the big picture of where mortgage rates... Read More
Buyer Traffic Is Still Stronger than the Norm
If you’re nervous about selling your house because you’re worried no one’s buying because of where mortgage rates are? If so, put your mind at ease! The latest data shows plenty of buyers are still out there, and they are still purchasing homes today. I have even personally witnessed multiple offers recently. Here’s the data... Read More
Gen Z: The Next Generation Is Making Moves in the Housing Market
Generation Z (Gen Z) is eager to put down their own roots and achieve financial independence. As a result, they’re turning to homeownership. According to the latest Home Buyers and Sellers Generational Trends Report from the National Association of Realtors (NAR), 30% of Gen Z buyers transitioned straight from living under their parents’ roofs to owning their own homes. If... Read More
Don’t Expect a Wave of Foreclosures
Don’t Expect a Wave of Foreclosures Some Highlights With ongoing high inflation pushing up everyday costs, some people are worried that’ll create a flood of foreclosures. Here’s why that’s unlikely. Fewer people are seriously behind on mortgage payments right now. If foreclosures were going to rise a lot, more people would need to be late on their payments. Since most are paying on time,... Read More
What Is Earnest Money?
What is Earnest Money? Where Does it Go? Can I Get It Back, or Lose It? In this video, I talk about what your Earnest Money Deposit is and in what circumstances you can get it back or lose it. In a nutshell, earnest money is a deposit to escrow in which it ends up... Read More
How Can I Buy a Home With Zero Down?
In this short video, I talk with Jeff Miltenberger of NFM Lending about what down payment amounts you may need, if any, and the fact we’ve seen buyers get into homes with little to nothing out of pocket! For more information, reach out and let’s discuss what programs/options fit you! Read More
Dos and Don’ts When Applying For a Home Loan
While it’s exciting to start thinking about moving in and making the home yours after you’ve applied for your mortgage, there are some key things to keep in mind before you close. Here’s a list of Dos and Don’ts you may not be considering. So, when making your home loan application and going through the process,... Read More