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What’s Ahead For Mortgage Rates This Week – August 5th, 2024

by lizlaurenb | Aug 5, 2024 | Financial Reports

The Federal Reserve’s decision to maintain the current interest rates has paved the way for a potential rate cut in September. While this news has been met enthusiastically by lending partners, the broader markets have indicated a slightly less warm reception...

How to Upkeep Your Home with a Year-Round Maintenance Checklist

by lizlaurenb | Aug 2, 2024 | Home Maintenance

Your home is more than just a building; it’s the setting for your life story. As you plan your monthly calendar, why not include enhancing and maintaining your home? Here, we provide a thorough guide of home maintenance tasks organized into monthly, seasonal,...

Managing Your Debt During the Homebuying Process: A Guide for Homebuyers

by lizlaurenb | Aug 1, 2024 | Home Mortgage Tips

Embarking on the journey to homeownership is an exciting milestone, but it also requires careful financial planning. One crucial aspect is managing your debt effectively. I want to ensure you have the tools and knowledge to navigate this process smoothly. Let’s...

Comprar un coche nuevo afecta la capacidad para comprar una nueva vivienda

by Angel Leon | Jul 31, 2024 | Credit, Spanish

Tomar decisiones importantes en la vida a menudo implica un delicado acto de equilibrio. Entre las decisiones más significativas que enfrentan las personas se encuentran la compra de un coche nuevo y la adquisición de una nueva vivienda. Ambos proyectos representan...

How to Unlock Your Home’s Equity with a Cash-Out Refinance

by lizlaurenb | Jul 31, 2024 | Mortgage Rates

As a homeowner, you might be sitting on a valuable asset without even realizing it—your home equity. Tapping into this equity through a cash-out refinance can open up financial opportunities you hadn’t considered. Here’s how you can unlock your...

How to Leverage Down Payment Assistance (DPA) Loans for Your Home Purchase

by lizlaurenb | Jul 30, 2024 | Mortgage

Purchasing a home is a significant milestone, but the process can be intimidating, especially when it comes to saving for a down payment. Fortunately, Down Payment Assistance (DPA) loans offer a solution that can make homeownership more accessible. Let’s discuss...

What’s Ahead For Mortgage Rates This Week – July 29th, 2024

by lizlaurenb | Jul 29, 2024 | Financial Reports

Following the release of the PCE Index figures, which the Federal Reserve prefers as its key inflation metric, the data indicates a slight increase in inflation for the third quarter. Nonetheless, market sentiment remains unchanged, and the prediction that the Federal...

What’s Changed in the Industry? The Post-COVID Mortgage Landscape

by lizlaurenb | Jul 26, 2024 | Mortgage Rates

The COVID-19 pandemic reshaped many industries, and the mortgage sector was no exception. As we move further away from the pandemic, the mortgage industry continues to adapt, reflecting new economic realities, regulatory changes, and shifts in consumer behavior. For...

Fixed vs. Graduated vs. Interest-Only Mortgage Amortization

by lizlaurenb | Jul 25, 2024 | Mortgage

When selecting a mortgage, one of the most critical decisions is choosing the right amortization schedule. This choice significantly impacts your monthly payments and the total interest you’ll pay over the life of the loan. Here, we’ll compare three common...

Financing Home Improvements with Renovation Loans

by lizlaurenb | Jul 24, 2024 | Construction Loan

As a mortgage originator, I often encounter homeowners and buyers looking for ways to finance their home improvement projects. Renovation loans offer a fantastic solution, enabling you to upgrade and personalize your home while incorporating the cost into your...
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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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