Saturday Strategy
Mortgage FAQ's, did you knows and much more...
New Build Financing Insights
In the current market, some new build lenders offer substantial credits to lower interest rates. While this may seem appealing, it's crucial to evaluate the long-term implications. We recently reviewed a client's loan estimate with nearly $40,000 in credits to reduce interest rates, but the home's price was only $380,000. Essentially, they were paying almost 10% more for the house upfront. Yikes! Check out this weeks Saturday Strategy Video
Check this out... the Annual Percentage Rate (APR) exists to reflect the true interest rate. In some cases, it can be deceptively high, around 11 to 13%+, due to excessive upfront costs.
Don't rush into decisions. The lowest rate with the wrong strategy can cost you thousands.
Building Wealth Through Real Estate: Understanding Homeownership as an Investment Strategy
For decades, the idea of owning a home has been a way of considering building up net worth and gaining financial growth and security. With the continuing and consistent rise of home values over the years, we can all take a lesson in caution. Investing in real estate requires careful consideration. For instance, how is homeownership a durable form…
Buy Your New Home Now, Sell Later (Formula for Low Stress & Maximum Profit)
In today’s fast-paced, ever-changing real estate marketplace, moving homes without the immediate need to sell an existing residence provides an unmatched level of flexibility and strategic advantage to the process. In an environment where the movement of interest rates and market dynamics is so erratic, the traditional process of buying and selling can be very…
The Real Impact of Unemployment on Mortgage Rates in 2024
If you’re waiting for mortgage rates to come down, you want to be paying attention to what is happening with inflation and the economy. Unfortunately, figuring out where the economy is heading in 2024 is not an easy task. We’ve been saying for a while that mortgage rates will start making meaningful progress lower once…
Reverse Mortgage Myths
K N O W Y O U R F A C T S ! E X P L A N A T I O N S T O C O M M O N R E V E R S E M O R T G A G E M I S C O N…
Reverse mortgage – 10 Things Reverse Mortgage
I M P O R T A N T T H I N G S T O C O N S I D E R A B O U T A R E V E R S E M O R T G A G E Schedule a mortgage strategy call today – Click Here…
P.S. Can I count on you to contact me if you hear that a friend, family or coworker is looking to buy, sell or refinance? Call/Text 480.553.8770 - We'd be honored to help them too!