by Racheli Refael | Oct 11, 2021 | Financial Reports
Last week’s scheduled economic news included readings on public and private-sector jobs and the national unemployment rate. Weekly readings on mortgage rates and jobless claims were also published. Non-Farm Payrolls: Jobs Growth Dips Sharply in September U.S....
by Racheli Refael | Oct 8, 2021 | Home Mortgage Tips
If you’re dealing with paying off your mortgage and going down to a one-income family, it can be complicated to determine how to financially swing it. However, becoming a parent and managing a mortgage are quite common nowadays with maternity leave and the...
by Racheli Refael | Oct 7, 2021 | Mortgage Tips
Houses across the country come in all shapes and sizes. Some of them are older than others, so they might come with aspects that are a bit outdated. Unfortunately, there are a lot of locations where older homes might still have asbestos in them. While this should be...
by Racheli Refael | Oct 6, 2021 | Real Estate
A significant number of people are self-employed, which means they might be relying on this income to apply for a mortgage. It is true that people who are self-employed may face additional challenges when trying to get approved for a home loan when compared to someone...
by Racheli Refael | Oct 5, 2021 | Mortgage
The vast majority of people need to take out a loan to purchase a home. While there are many forms of debt that people would rather avoid, some types of debt can actually be a positive. This includes mortgage debt. What are a few of the top benefits of having mortgage...
by Racheli Refael | Oct 4, 2021 | Financial Reports
Last week’s economic reporting included readings from S&P Case Shiller Home Price Indices, the National Association of Realtors®’ report on pending home sales, and the University of Michigan’s final consumer sentiment index for September....
by Racheli Refael | Oct 1, 2021 | Home Mortgage Tips
If you’ve studied the real estate market recently, you’ve probably heard about the reverse mortgage. This unique tool is a financial arrangement designed for senior citizens who have limited incomes and want to use the equity in their homes to meet their...
by Racheli Refael | Sep 30, 2021 | Mortgage
Buyers need to make sure they are competitive when they make an offer on a house. One of the ways to do that is to get a pre-approval letter. What does this mean, and how long does it last? What Is Mortgage Pre-Approval? Prior to working with a real estate agent to...
by Racheli Refael | Sep 29, 2021 | Mortgage
Changes are being made to the mortgage application process every year. With access to online-only lenders and a decentralized financial system, more doors are open to potential home buyers than ever before. For example, there are many institutions that are making it...
by Racheli Refael | Sep 28, 2021 | Mortgage
In the past, a lot of potential borrowers were declined for FHA loans due to the presence of student loans. Now, the Biden Administration along with the FHA has eased a lot of their regulations surrounding student loans, making it easier for borrowers with student...
