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.
2023 Housing Forecast: What to Expect With Rates, Prices, and the Economy!
The U.S. housing market in 2022 was a rollercoaster. The year started with home prices at record highs and interest rates still closely holding the all-time lows that were set over the previous two years. This all changed in the summer of 2022 when rates began to tick up to the highest they had been…
How much does it impact your credit score to have your credit pulled for a new lease or rental?
Having your credit checked as part of the rental application process can potentially impact your credit score. Credit checks for rental applications are known as “soft inquiries,” which means they are not visible to lenders and do not affect your credit score. However, if you have a lot of soft inquiries in a short period…
3 Best Practices for Selling Your House This Year
Kevin Brierton – 1.5.2023 A new year brings with it the opportunity for new experiences. If that resonates with you because you’re considering making a move, you’re likely juggling a mix of excitement over your next home and a sense of attachment to your current one. A great way to ease some of those emotions and…
Planning To Sell Your House? It’s Critical To Hire a Pro.
Kevin Brierton – 12.29.2022 With higher mortgage rates and moderating buyer demand, conditions in the housing market are different today. And if you’re thinking of selling your house, it’s important to understand how the market has changed and what that means for you. The best way to make sure you’re in the know is to work with…
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!