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Planning On Getting A Mortgage in 2021, Take These Steps

by Racheli Refael | Jan 26, 2021 | Mortgage

As we move into 2021, there are a lot of people who are thinking about getting a mortgage. Even though it is a great time to look for a home loan right now, it is also important for everyone to make sure they place themselves in the best position possible to be...

What’s Ahead For Mortgage Rates This Week – January 25, 2021

by Racheli Refael | Jan 25, 2021 | Financial Reports

Last week’s economic reporting included readings from the National Association of Home Builders Housing Market Index, along with Commerce Department readings on housing starts and building permits issued. The National Association of Realtors® reported on...

Let There Be Light! 3 Easy Ways to Make over a Room by Adding New Light Fixtures

by Racheli Refael | Jan 22, 2021 | Around The Home

Light is an important design element that can be used to influence your interior decor in a number of ways. In fact, you can experience a major transformative change on the overall style and ambiance of a room by making a few simple lighting changes. Consider how...

Understanding The Role Of A Mortgage Prepayment Penalty Fee

by Racheli Refael | Jan 21, 2021 | Mortgage

When people take out a home loan, it is important to think carefully about how the home loan works. At first, the majority of the monthly payment is going to go towards interest. For example, it is not unusual for 90 percent of the monthly mortgage payments go toward...

4 Steps to a Smooth Mortgage Refinance at a Rock-Bottom Rate

by Racheli Refael | Jan 20, 2021 | Mortgage

Right now is the best time to look at refinancing your home. Even if your current mortgage is as young as a year old, you might find that a refinance is in your best interest. Be Sure That A Refinance Makes Sense With today’s rates, refinancing makes sense...

What’s Ahead For Mortgage Rates This Week – January 19, 2021

by Racheli Refael | Jan 19, 2021 | Financial Reports

Last week’s economic reports included readings on inflation, retail sales, and a speech by Federal Reserve Chair Jerome Powell. Weekly readings on mortgage rates and jobless claims were also released.  Inflation Rises as Retail Sales Fall, Fed  Says...

Many Buyers Are Willing To Go Over Their Budget For The Perfect Home

by Racheli Refael | Jan 15, 2021 | Mortgage

For those who are looking for a new home, it is important to take the time to get this decision right. For a lot of people, a home is the most valuable investment they are ever going to make. As a result, it is critical to evaluate all of the options that are...

What Do You Need To Know About Buying And Selling A Home During The COVID-19 Pandemic?

by Racheli Refael | Jan 14, 2021 | Mortgage

For those who are thinking about buying or selling a home during the pandemic, they may feel like this is a difficult task. Even though it is true that this is going to be a challenge, people are able to increase their success rate by adapting to a new...

How Low Can They Go: With Mortgage Interest Rates Low, Should You Refinance?

by Racheli Refael | Jan 13, 2021 | Mortgage Rates

Do you have a mortgage? You’ve likely seen or heard a lot about mortgage refinancing as interest rates remained low in recent months. In today’s blog post we’ll explore the topic of mortgage refinancing, including when you should consider refinancing...

Should I Shorten My Mortgage Term, Important Factors To Consider

by Racheli Refael | Jan 12, 2021 | Home Buyer Tips

When you first bought your home a few years ago, perhaps you started off with a 30 year mortgage. Now, you are considering refinancing and changing it to a 20 year or even a 15 year mortgage. Shortening your mortgage term and refinancing can be a smart financial move,...
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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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