As we enter the New Year and reflect on ways to enhance life, if buying a new home is on your list, consider investing time with a U.S. Department of Housing and Urban Development (HUD) approved housing counselor before jumping into that resolution whether you are a first or third time home buyer. … [Read more...]
Looking Back for Perspective on Today’s Rising Interest Rates
As a mortgage loan processor, I receive flash messages every day that keep me abreast of the ever-changing interest rate. My brain does not naturally think in numbers, so the terms better and worse, as in “rate decrease for the better” or “rate increase for the worse” provide enough information for … [Read more...]
Reverse Mortgages Can Enhance Your Retirement Living Options
Best known as Home Equity Conversion Mortgages (HECM), this home loan option expands the opportunity for increasing retirement income for those 62 years of age and older who have enough equity in their primary home of residence. First signed into law in 1988 by President Ronald Regan, the reverse … [Read more...]
Home Buying Optimism is High for Holidays
Data for home buying and selling trends during September 2017 is in and speaks to continued confidence for both buyers and sellers. According to the Fannie Mae Home Purchase Sentiment Index, buyer optimism increased substantially in September by 10 percent compared to August. And renters led the … [Read more...]
Holiday Shopping for a New Home?
There are many trends in American life but shopping for a new home during the hectic holiday season is not one of them. If you are willing to buck the national trends and traditions or work around them, this may be to your advantage in a market year known for having more buyers than … [Read more...]
