The real estate market moves extremely quickly and can change from day to day. We are always keeping an eye on a number of data sets to understand how shifts in the market might help those looking to buy or refinance a mortgage. When looking at the median household...
Many looking to buy a new home, especially first-time home buyers, are often under the impression that a 20% down payment is required. The truth is, there are many loan options, like the Federal Housing Administration (FHA) approved loan that...
Did you know that many of the common mortgage loan options offer a 15-year mortgage instead of a 30-year one? Many homeowners feel obligated to commit to a 30-year relationship with their lender. However, a 15-year mortgage is a legitimate option. What Kinds...
The average American has $38,000 in debt—not including mortgages. This is $1,000 higher than it was last year, according to a study done by Northwestern Mutual. It’s easy for even the most responsible borrower to end up needing a little help with their debt, and the...
Assessing the health of the real estate market is a lot like analyzing the results of a check-up. You get good news, not-so-great news, and a whole bunch of numbers. In the end, however, the doctor gives you a summative thumbs up or thumbs down. The same could be said...
During a recent Inside Real Estate podcast interview with mortgage expert Barry Habib, he talked about why now is the time to refinance. He warned that waiting for rates to drop even further is a gamble because there is never total certainty in where the market is...
