March 12, 2020

It has been a rollercoaster week for Interest rates to say the least.  We ended last week with the lowest interest rates in years, setting near low records for the 30 year fixed.  This week we are looking at interest rates that have risen at a record pace.  The questio...

March 5, 2020

The Federal Reserve on Tuesday took the emergency step of cutting the benchmark U.S. interest rate by half a percentage point, an attempt to limit the economic and financial fallout from the coronavirus.

The U.S. central bank has not made a cut like this since late 2008...

July 9, 2019

If they are then now is a great time to apply so you are ready to lock on your approved application, if they're not its a good indication that the economy is still doing very well and you should probably lock in a rate while they are still low and get ahead of any adve...

June 11, 2019

How to use a Home Equity Conversion Mortgage (HECM) to supplement your Retirement or Retire Early!

With the high cost of housing and minimal retirement compensation many retirees put off retirement and take full or part time jobs to bridge the gap for the cost of housin...

June 10, 2019

As you or your children graduate from College and head into the workplace it may be time to think about the value of savings and investment. Real Estate has been a means to building generational wealth / retirement and it’s one of the simplest and most economic ways to...

November 2, 2018

After an August stalling, pending home sales in September ticked up 0.5 percent, according to the National Association of REALTORS® (NAR) Pending Home Sales Index (PHSI). Activity on an annual basis dipped 1 percent.

According to the Index, activity broke through i...

October 24, 2018

(TNS)—The average credit score in the United States hit an all-time high in 2018, according to a new report from the credit scoring company FICO.

The average FICO credit score reached 704 in April—up four points from the year prior, according to the semiannual report re...

October 15, 2018

Amid market challenges like rising interest rates and inventory shortages lies another top concern for today’s homebuyer: affordability. Location can have a significant impact on budgeting and how much buyers are able to afford. A recent analysis by Zillow considers fi...

October 9, 2018

The grip on inventory is loosening, with fresh listings sprouting up and the severity of the shortage starting to unwind, according to findings by realtor.com®.

On an annual basis, there were 8 percent more listings on the market in September, according to data from the...

October 5, 2018

Are homeowners warming up?

With prices rapidly rising, homeowners have been reluctant to sell, fearful of being unable to afford another home—a catch-22, because inventory is limited as it is, and compounded further when homes are kept off the market.

Now, their confiden...

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INTEREST RATES ON THE RISE, WHAT SHOULD YOU DO?

March 12, 2020

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