Financing

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 [...]

Your House isn’t a Piggy Bank

By |2018-09-24T12:46:40-05:00September 24th, 2018|

Handle with Care! With the recent rise in home equity with the improving market and the continued easing in the mortgage market people all across the fruited plain are starting to eye their home equity longingly.  I'm here to tell you beware.  Do to the fact that most mortgages are either 30 or 15 year [...]

9 Reasons You Might Not Get a Mortgage

By |2018-08-03T12:30:08-05:00August 3rd, 2018|

Having trouble getting a mortgage?  Don't give up without talking to me! If this is you perhaps you can attest to the veracity of this article.  The good news is that many of the road blocks to getting a mortgage can be overcome with some directed action and planning.  Today might not work but [...]

In-Person Appraisals are Becoming Less Frequent. Should they be?

By |2018-06-28T14:51:22-05:00June 28th, 2018|

In short no, but in certain circumstances, say maybe 10% to 20% of the time they could be.  From a market solvency standpoint appraisals are hugely important to maintaining the stability of the secondary and broader mortgage market.  However on an individual level it represents an opportunity to save money.  In almost 30 [...]