How to Become a Homeowner With Zero-Down Mortgages | Check out our latest videos. Please follow us on
Zero-down mortgages allow buyers to finance 100% of a home’s purchase price, eliminating down payment requirements.VA and USDA loans offer no-down-payment options for eligible service members and rural homebuyers, respectively.
Read MoreUnderstanding Tax Benefits of Home Ownership
Beyond the pride of owning a home, there are significant financial benefits that come with it, especially during tax season. Navigating these benefits doesn’t have to be overwhelming despite the complexity of tax laws. With some foundational knowledge, homeowners can maximize their savings and enhance their financial well-being. Mortgage Interest Deduction Homeowners can deduct the…
Read MoreWhat Will the Election in 2024 Do to Rates?
The presidential election in 2024 is poised to have a significant impact on interest rates, a critical factor influencing various financial markets and economic conditions. Historically, elections bring a degree of uncertainty that can lead to volatility in financial markets and subsequently affect interest rates. Here are some key factors to consider: Policy Uncertainty Elections…
Read MoreLower Rates in 2025: Time to Refinance? | Check out our latest videos. Please follow us on
The Federal Reserve plans multiple rate cuts, continuing into 2025, which could lower mortgage rates significantly. Refinancing in 2025 may offer better savings as rates could drop into the 5% range or lower.
Read MoreReasons to Expect a Sales Upturn
With rising inventory and the expectation of continued Fed rate cuts, increased sales can’t be far behind. Retreat for First Timers In August, first-time buyers accounted for 26% of sales, matching the all-time low last seen in November 2021. This is down from 29% in both July 2024 and August 2023. A market requires both…
Read MoreWhat’s the average rate on a 30-year US mortgage?
It rises for the third week in a row. The average rate on a 30-year mortgage in the US rose for the third week in a row, reaching its highest level in eight weeks. The rate rose to 6.44% from 6.32% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 7.63%. The last time the average…
Read More5 Popular Refinancing Choices for Better Loan Terms | Check out our latest videos. Please follow us on
Rate-and-term refinancing changes your rate, term, or loan type, helping lower payments or shorten loan duration.A cash-out refinance lets you borrow more than your mortgage balance, using home equity for cash needs.
Read MoreKey Costs of Selling a Home in Florida | Check out our latest videos. Please follow us on
Realtor Fees: 5.05% of Sale Price Closing Costs: 3.23% of Sale Price Title insurance, transfer taxes, and other fees. For a $350,000 home: ~$11,305
Read MoreHow to Get a Mortgage After Bankruptcy and Foreclosure | Check out our latest videos. Please follow us on
Bankruptcy or foreclosure remains on your credit report for at least seven years, affecting eligibility. Rebuilding credit requires paying bills on time and maintaining a low credit utilization ratio.
Read MoreTips for Turning a Fixer-Upper Into Dream Home | Check out our latest videos. Please follow us on
Evaluate the fixer-upper's potential by considering the location and identifying any hidden structural issues through inspection.Ensure the existing layout and foundation align with your vision, focusing on homes that need mainly cosmetic changes.
Read More
