What Is a Jumbo Mortgage and When Do You Need One?

Thursday, September 13th, 2018
Denise Rivers

Home prices have shot up in some areas of the U.S., to the point where buyers need jumbo loans to finance them. In mortgage-speak, jumbo refers to loans that exceed the limits set by the government-sponsored enterprises (GSEs) that buy most home loans and package them for investors.

Read More

Not knowing your mortgage rate can be an expensive mistake, especially in this rising interest rate market. Yet nearly three in 10 mortgage holders (29 percent) either didn’t know their mortgage rate or wouldn’t say, according to a survey by Bankrate.

Read More

Student loan debt is one of the biggest factors impacting millennials’ ability to purchase a home. According to the National Association of REALTORS® (NAR), 80 percent of millennials do not own a home, and, of that, 83 percent say student loan debt is impacting their ability to buy. Millennials expect to be delayed from home-buying for a median of seven years, the NAR research shows.

Read More

How Long Do Most Families Live In A House?

Thursday, July 26th, 2018
Denise Rivers

The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of their data points, which has changed dramatically, is the median tenure of a family in a home, meaning how long a family stays in a home prior to moving.

Read More

Homes More Affordable Today Than 1985-2000

Thursday, July 19th, 2018
Denise Rivers

Rising home prices have many concerned that the average family will no longer be able to afford the most precious piece of the American Dream – their own home.

Read More

The #1 Reason To List Your House For Sale NOW!

Thursday, July 12th, 2018
Denise Rivers

If you are debating whether or not to list your house for sale this year, here is the #1 reason not to wait!

The National Association of Realtors’ (NAR) Chief Economist Lawrence Yun recently commented on the current lack of inventory:

Read More

Buying This Summer? Be Prepared For Bidding Wars

Thursday, July 5th, 2018
Denise Rivers

Summer is traditionally a busy season for real estate. Buyers come out in force and homeowners list their houses for sale hoping to capitalize on those buyers who are looking to purchase before the new school year. This year will be no different!

Read More

These Mortgages Pay for Home Renovations

Thursday, June 28th, 2018
Denise Rivers

Many people don’t realize that there are renovation loans that can help pay for your housing upgrades. Whether you need a new roof or your kitchen is outdated, there is a mortgage that’s right for your fixer-upper. Here are your options and what you should know about each one.

Read More

Top 5 Reasons You Shouldn’t Go the FSBO Route

Thursday, June 21st, 2018
Denise Rivers

In today’s market, with home prices rising and a lack of inventory, some homeowners may consider trying to sell their home on their own, known in the industry as a For Sale by Owner (FSBO). There are several reasons why this might not be a good idea for the vast majority of sellers.

Read More

Common Home-Buying Mistakes People Make at Every Age

Thursday, May 31st, 2018
Denise Rivers

No matter the age or life stage, everyone makes mistakes when it comes to home-buying.

Whether it’s picking the wrong location or buying more house than you can afford, the mistakes are often universal, says Ilyce Glink, author of “100 Questions Every First-Time Home Buyer Should Ask.”

Read More

Newer PostsOlder Posts

Subscribe

Search

Follow