Mortgage Information

May 24, 2019

Boomerang Buyers Feel Comfortable Buying Again

According to CoreLogic, from 2006 to 2014 “there were 7.3 million housing foreclosures and 1.9 million short sales.” The hesitation some Americans feel after experiencing a foreclosure brings to mind the old saying: Fool me once-shame on you.  Fool me twice-shame on me.”

According to ...

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March 22, 2019

33% of Millennials are Mortgage Ready! Do They Know It?

Much has been written about the millennial generation and whether or not they, as a whole, believe in homeownership as part of attaining the American Dream.

Unlike generations before them, millennials have taken longer to obtain traditional milestones, such as getting married, starting a family and buying a home.  ...

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March 8, 2019

Our Market is Beginning to "Spring Forward"

Just like our clocks overnight Saturday, our local housing market will soon “Spring Forward”!  Similar to the tension in a spring, the lack of inventory available in our area has been holding back our local market.  

Many potential sellers in our area believe that waiting until spring is ...

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March 1, 2019

3 Tips For Making Your Home Buying Dreams Come True

If your goal is to buy a home of your own in 2019, here are 3 tips that will help make that dream a reality:

 

Jan. 25, 2019

In a Shifting Market, You Need to Understand What is Happening

If you are thinking of selling your house this year or buying a new one, I'm sure today's real estate headlines can be a bit confusing...perhaps even concerning.  Are home prices dropping or are they just rising at a slower rate?  What is really happening ...

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Jan. 18, 2019

Homes Are Still a Bargain...But For How Long?

A long time ago, a gallon of milk used to be $0.30.  Gas was $0:12 a gallon.  But not anymore.  Houses were also much less expensive than they are now.  It was inflation that raised the price of all three of these items, along ...

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Jan. 4, 2019

Here is Where the Housing Market is Headed in 2019

 

All the indicators that I have looked at are pointing to a great Real Estate Market in our area this year!  It looks like home sales will out pace 2018.  Interest rates are projecting to increase steadily throughout 2019, but buyers will still be able to get ...

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Dec. 28, 2018

3 Easy Ways to Save Thousands of Dollars in Interest on Your Mortgage

One of the most common home loans is a 30-year fixed rate mortgage.  If the thought of it taking 30 years to pay off your mortgage seems frightening, here are some easy ways to shorten that term and also end up saving you thousands of dollars over the life ...

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Dec. 13, 2018

The Financial Impact of Waiting a Year to Buy a Home

 

As a buyer in today’s market, you need to be very concerned about the “long-term cost” of the home.  With home prices expected to appreciate on average by 4.8% over the next 12 months and interest rates predicted to be in the 5.25% and 5.5% range ...

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Dec. 5, 2018

Rosso on Real Estate 008 - Be Sure to Also Save Enough for Closing Costs

When buying a home, you need to save for closing costs in addition to saving for your down payment. On Rosso on Real Estate 008, I review what closing costs include and how to get help with paying them if necessary.

 

 

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