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What’s Ahead For Mortgage Rates This Week – February 28, 2022

by Racheli Refael | Feb 28, 2022 | Financial Reports

Last week’s economic reporting included readings on home prices from S&P Case-Shiller and the Federal Housing Finance Agency; data on pending home sales and sales of new homes were also released. The University of Michigan released its final February reading...

How Can You Secure A Better Interest Rate When Refinancing Your Home Loan?

by Racheli Refael | Feb 25, 2022 | Mortgage

If you want to save money on your home loan, you may want to consider refinancing. During the refinancing process, you will replace your existing home loan with a new one; however, you want to secure the lowest interest rate possible. How can you get a better rate on...

S&P Case-Shiller Indices: December Home Price Growth Hits Record High

by Racheli Refael | Feb 24, 2022 | Financial Reports

While U.S. home prices grew at record speed in December, rising mortgage rates threatened rapid price appreciation as buyers were sidelined by affordability concerns. S&P Case-Shiller’s National Home Price Index reported 18.80 percent year-over-year home...

Everything Homeowners Need To Know About Down Payments

by Racheli Refael | Feb 23, 2022 | Mortgage

Buying a house is an exciting time, but homeowners also need to make the best financial decision to meet their needs. One of the biggest decisions potential homeowners will face is how much money to put down. A down payment is the amount of money that homeowners pay...

What’s Ahead For Mortgage Rates This Week – February 22, 2022

by Racheli Refael | Feb 22, 2022 | Financial Reports

Last week’s economic reporting included readings from the National Association of Home Builders on housing markets, reports on sales of previously owned homes, housing starts, and building permits issued. Weekly readings on mortgage rates and jobless claims were...

3 Reasons You Might Decide to Retire to a Tiny Home – and Why You’ll Love It!

by Racheli Refael | Feb 18, 2022 | Homeowner Tips

Many people romanticize the idea of paying off their home mortgage early so they can enjoy their home in retirement, but when it comes to the later years of life, a big house can actually be too much to handle. If you’ve started to consider a smaller home and...

Save Some Additional Cash with Our Guide to Lowering Your Monthly Mortgage Payment

by Racheli Refael | Feb 17, 2022 | Home Mortgage Tips

If you are like many other homeowners, your home mortgage payment is the single largest expense in your monthly budget. This is a fixed expense that you will typically be responsible for until your loan is paid in full or until you sell your home, and you may have a...

Eliminate These 5 Barriers To Saving For Your Down Payment This Month!

by Racheli Refael | Feb 16, 2022 | Mortgage Tips

With all the expenses that go into monthly living and the temptations that come along with life, saving money for the down payment on your new home can be quite a struggle for many people. If you’re having a hard time saving and are wondering what you can do to...

Making Sure You Are Ready To Take On A Mortgage

by Racheli Refael | Feb 15, 2022 | Mortgage Tips

There is so much to know when it comes to homeownership that even wading into all of the information can seem overwhelming, but if there’s one thing you need when the time comes to purchasing a home, it’s to be prepared. Here are a few ways that you can...

What’s Ahead For Mortgage Rates This Week – February 14, 2022

by Racheli Refael | Feb 14, 2022 | Financial Reports

Last week’s economic reporting included readings on inflation and the University of Michigan’s preliminary February reporting on consumer sentiment. Weekly readings on mortgage rates and jobless claims were also released. Inflation Rises as Fed Considers...
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Cornerstone First Mortgage, LLC NMLS#173855 

Racheli Refael NMLS# 64918

Branch address:
1471 NE 26th St. Suite 100
Fort Lauderdale, FL 33305

Call 954-800-0330

Racheli Mortgage Team

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