You're probably no stranger to regular rent hikes if you're currently renting. 2022 has been a particularly rough year in terms of the cost of living—from groceries to gas to the cost of renting. As the cost of rent continues to rise, many Americans are [...]
Whether you’re a first time buyer or moving up the property ladder, you might want to carry out improvements to make your new place feel more like home. From small projects to grand transformations, it’s natural to want to put your own stamp [...]
So you've just been pre-approved for a mortgage. Congratulations on completing the first step of your home buying journey! Although this is great news, you still need to take steps to maintain your current financial status between pre-approval and closing on your new home. More specifically, [...]
Saving money is a simple strategy. Spend less and put more funds in a savings account. Yet actually putting this strategy into practice is incredibly hard. Part of the problem with saving money is that financial goals seem impossible to reach, preventing people from even [...]
A low debt to income ratio can help you qualify for better deals when purchasing or refinancing your home, but if you're like many American's, credit card debts may be holding you back. According to data from the Survey of Consumer Finances by the U.S. [...]
Over the past several weeks our lives have significantly changed due to the corona virus outbreak. And among those suffering are your local small businesses. Either companies are being forced to shut down or even if they are considered essential, they are still suffering from [...]
On January 1st 2020, the Federal Housing Finance Agency (FHFA) increased conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac. The new limit for single-family homes will be $510,400, which is more than 5 percent of an increase from $484,350. The FHA [...]
There are a lot of reasons to refinance your mortgage. Refinancing can lower your interest rate, change the terms of your loan, or convert an adjustable-rate mortgage to a fixed-rate. According to a report from Black Knight, a technology, data and analytics provider for the [...]
Did you know that even the best buyer with perfect credit and debt to income ratio can still get turned down for a mortgage? How is that even possible? This can happen if a condo is considered non warrantable. Simply put, a non warrantable condo [...]
Realtor.com recently produced a report for the top 10 housing markets in the US for 2019. Millennials are applying for mortgages in these cities in record numbers, and the markets are experiencing an influx of job growth and new construction. “These markets are millennial magnets [...]
