Conventional loans don’t have upfront mortgage insurance fees like government-backed loans (FHA) have, but there are fees behind the scenes many borrowers don’t realize. You may not see the charge, but it’s wrapped into your interest rate, affecting your mortgage…
You’ve likely heard that buying a home requires a 20% down payment. But that’s not always the case; actually, it’s rarely the case. Is a 20% down payment nice? Absolutely. But can you buy a home without 20% down? Most…
If you’re thinking about buying or selling a home, you probably want to know what’s really happening with home prices, mortgage rates, housing supply, and more. That’s not an easy task considering how sensationalized headlines are today. Jay Thompson, Real…
Are you prepping to buy your first home? If so, one of the steps you should take early on is making sure you’re financially ready for your purchase. Here are just a few of the financial fundamentals you’ll need to…
There’s no denying the long-term financial benefits of owning a home, but today’s housing market may have you wondering if now’s still the time to buy. While the financial aspects of buying a home are important, the non-financial and emotional…
The 2022 housing market has been defined by two key things: inflation and rapidly rising mortgage rates. And in many ways, it’s put the market into a reset position. As the Federal Reserve (the Fed) made moves this year to…
You have many options when looking for mortgage financing, including using a mortgage lender or mortgage broker. While anyone can use either option, there are benefits you might not realize with a mortgage broker. Understanding how mortgage brokers work and…
If you’re a homeowner, your net worth got a big boost over the past few years thanks to rapidly rising home prices. Here’s how it happened and what it means for you, even as the market moderates. Equity is the…
Mortgage rates have been a hot topic in the housing market over the past 12 months. Compared to the beginning of 2022, rates have risen dramatically. Now they’re dropping, and that has to do with everything happening in the economy.…
Some Highlights From home sales to prices, the 2023 housing market will be defined by mortgage rates. And where rates go depends on what happens with inflation. If you’re thinking of buying or selling a home this year, let’s connect…
