For many homeowners, building equity is one of the most rewarding aspects of owning a property. Equity represents the portion of your home that you truly own—the difference between your home’s market value and what you owe on your mortgage.…
For veterans, active-duty service members, and eligible surviving spouses, a VA loan offers a powerful way to achieve homeownership. Backed by the U.S. Department of Veterans Affairs, VA loans are designed to make buying a home more accessible for those…
Choosing the right mortgage term is a critical decision in the home-buying process. The two most common options are the 15-year and 30-year fixed-rate mortgages. Each has its own set of advantages and drawbacks, and understanding these can help you…
Whether rates are rising, falling or stagnant, should you consider refinancing? While it may not be the right time to refinance for all homeowners, some situations make it the ideal time to refinance. Here are a few scenarios where refinancing…
As the year draws to a close, I want to take a moment to thank you for allowing me to assist with your mortgage and general real estate needs. It’s a privilege to earn your trust, and I’m grateful to…
The Fed just cut rates. Does that mean that mortgage rates are lower too?” Not necessarily. The Federal Reserve directly influences short term rates like credit cards, home equity lines of credit, and some adjustable-rate loans, Mortgage rates are tied…
Buying a home is an exciting journey, but it comes with its share of expenses—one of which is closing costs. Many first-time buyers are surprised by these additional costs, which can add up to thousands of dollars. As a mortgage…
Exciting News for Homebuyers: Conventional Loan Limits Are Increasing! 🏡📈 Starting soon, buying your dream home just got a little easier! The Federal Housing Finance Agency (FHFA) has announced an increase in conventional loan limits for 2025. These limits apply…
💳 Check Your Credit Score: your credit score has a big impact on the mortgage programs and rate available to you. Review your credit report, fix any errors, and if possible pay down large balances to improve your score. The…
The inventory of homes for sale is up 28% year-over-year, which means choices for buyers! But 30-yr mortgage rates are back near 7%, which hurts affordability for buyers. It’s tough to think about making a move right now,. But don’t…
