Financing

What Is a No-Fee Mortgage?

By |2020-05-22T08:08:16-05:00May 22nd, 2020|

It might be time to re-fi! With all that's going on with this disruption of our lives things like paying attention to your mortgage rate might be something that slides to the back burner.  However, in particular for conforming loans (up to $510,400) we are near or at historic lows so it might [...]

Why Does My Mortgage Keep Getting Sold?

By |2020-05-18T16:01:16-05:00May 18th, 2020|

A Peek Behind the Mortgage Curtain Here is a great article that does a good basic job of explaining why who you make your mortgage payment to keeps changing.  It's particularly instructive now because it explains briefly why the massive surge of mortgage forbearance's is threatening the stability of the mortgage market.  The [...]

6 Refinancing Mistakes Homeowners Risk Making Right Now

By |2020-04-17T16:39:37-05:00April 17th, 2020|

The right lender and the right advice has NEVER been more important In the real estate market at least it can be argued that nothing has seen more upheaval from the virus than the mortgage market, both purchase money and refinances.   There are some folks out there now who's lenders are going under [...]

Refinancing Boom Fuels Mortgages to Postcrisis Record

By |2020-02-13T14:13:14-05:00February 13th, 2020|

The economic hits just keep on coming!! These days when I go to post it's not about whether there is good economic news to share, but about which indicator of it to choose from!  Nice problem to have.  Rates continue to hover near historic lows which all of my buyer clients are loving, [...]

FICO Changes Could Lower Your Credit Score

By |2020-01-30T16:41:03-05:00January 30th, 2020|

It's about to get easier (and harder) to get a loan Changes in how FICO credit scores are calculated make managing your credit score more important than ever!  The good news, these changes will likely improve the scores of those who already have good to exceptional scores as their successful financial management habits [...]

Refinancing? Consider a 15-Year Mortgage

By |2019-12-18T17:32:17-05:00December 18th, 2019|

15 or 30?  How long should your mortgage be? I love this topic because it is definitely not a one size fits all topic and because it actually has significant financial, and perhaps just as importantly lifestyle implications.  I talk OFTEN about this topic with clients and friends.  The answer at the end [...]

Reasons Not to Buy Your House With Cash

By |2019-02-26T15:24:46-05:00February 26th, 2019|

Cash is King......but perhaps sometimes it shouldn't be. Deciding whether to pay cash for a property is a fairly nuanced process that requires thoughtful analysis.  When it comes to your principle residence in particular there are some non financial factors that you need to attempt to quantify.  This article does a great job [...]