by Racheli Refael | Aug 3, 2021 | Home Mortgage Tips
If you’re looking for a new home, you’ve probably heard lots of advice about down payments. About how it’s okay to just have a five percent down payment – you’ll still get approved. About how you should make the down payment as small as...
by Racheli Refael | Aug 2, 2021 | Financial Reports
Last week’s economic reporting included readings on home prices, new and pending home sales, and the post-meeting statement of the Fed’s Federal Open Market Committee. Weekly readings on mortgage rates and jobless claims were also released. S&P...
by Racheli Refael | Jul 30, 2021 | Home Mortgage Tips
If you’re like most homeowners, you probably believe that one missed mortgage payment won’t have a noticeable impact on your FICO score. People get behind now and then, and besides, you’ve been faithfully making payments on time for years. How bad...
by Racheli Refael | Jul 29, 2021 | Financial Reports
Home prices continued to rise at record rates in May according to S&P Case-Shiller Home Price Indices. National home prices rose by 16.60 percent year-over-year in May as compared to 14.80 percent year-over-year price growth in April. The 10-City Home Price Index...
by Racheli Refael | Jul 28, 2021 | Mortgage
If you have equity in your home, you may wonder how you can access it. You don’t want to sell your home, but you know you’ve earned a profit from it. We have many options to secure your home’s equity, one of which is the FHA cash-out refinance....