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July 2023 Rate Hike

July 2023 Rate Hike

The fed just announced another .25% interest rate hike, which makes this the highest benchmark record since 2007.  The rising rates are an attempt to curb inflation.  The problem is that with the rapid rate hikes, Americans are finding it harder

Jul 26, 2023 |

Recession Coming Soon?

Recession Coming Soon?

Is a recession coming?  Many experts warn it's coming and much quicker than expected.  With interest rates being raised again today, many people can't afford their existing debt.  If you have a HELOC, credit card, or any other debt on an ad

Jul 26, 2023 |

6 Mistakes that Home Buyers Should Avoid

6 Mistakes that Home Buyers Should Avoid

With the busiest housing market season of the year in full swing, it’s essential to be on your home buying game. Here are 6 major mortgage blunders to avoid to make sure you are in prime position for scoring the perfect property. Not Getting Pre-ap

Jul 25, 2023 | Purchasing a Home

How Often Do Mortgage Rates Change?

How Often Do Mortgage Rates Change?

When you are ready to buy a house or refinance your existing home loan, getting the best mortgage interest rate is key to minimizing your total borrowing costs. You may have heard in the news lately about rates moving up and down due to inflation trends.

Jul 20, 2023 | Interest Rates

How to Start the Process of Buying a Home

How to Start the Process of Buying a Home

Once you’ve decided you want to become a homeowner you may not know what step to take next. Should you hire a real estate agent? Should you find a lender? Should you start searching real estate listings on your own? Here’s a look at the typica

Jul 18, 2023 | Purchasing a Home

Can Manual Underwriting Help You Get Approved for a Mortgage?

Can Manual Underwriting Help You Get Approved for a Mortgage?

When you apply for a mortgage loan, the bank or lender has to go through the process of underwriting the loan. This means that your financial data will be verified and analyzed to determine if you qualify for the loan and at what terms. Today most of this

Jul 13, 2023 | Purchasing a Home