Blog
Aug
13,
2020
13,
2020
If the COVID-19 pandemic put your plans for a vacation home on hold, or you expect a second home to have an integral role in your long-term plans, the right time to buy could be near. While health and safety remain the top priority for every community, current market conditions and technology have combined to […]
Aug
11,
2020
11,
2020
Mortgage applications can require you to provide sensitive financial information, including social security numbers, pay stubs, bank statements, and more. That’s why we at Open Mortgage take online security seriously and hope you’ll watch this video before applying for your home loan. Our CEO and founder, Scott Gordon, discusses how to protect yourself online. Some […]
Aug
6,
2020
6,
2020
Peak hurricane season is here, and homeowners in coastal towns aren’t the only ones who need to be prepared. Previous storms have proven that wind, flooding and other damage can be unpredictable and widespread. Before you find yourself in the path of a strong storm, make sure you’re protecting your home from physical damage, and […]
Aug
4,
2020
4,
2020
Most homebuyers understand that finding the right home requires a willingness to make some compromises. Minor problems can be fixed, and wishlist improvements can be planned for the future. However, some issues may not be worth overlooking, even when the price, location, or curb appeal seem perfect. Before you commit to a fixer-upper or celebrate […]
Jul
30,
2020
30,
2020
Reverse mortgages have recently started to become a proactive part of a comprehensive retirement plan. They can be particularly effective for homeowners whose wealth is primarily in home equity. Watch this video if you are a new retiree who doesn’t need money now but wants the security that comes with knowing it’s available during economic […]
Jul
28,
2020
28,
2020
As more mortgage products have become available, the standard 20% down payment is rarely required by lenders. If you’re saving up for your dream home, watch this video. Our CEO and founder, Scott Gordon, discusses some low down payment options.. Some of the topics he covers: Honestly assessing your financial ability to determine down payments […]
Jul
23,
2020
23,
2020
Mortgage interest rates reached record lows last month, giving many homeowners a substantial reason to pursue refinancing. However, if the current rates aren’t enough to persuade you, or other factors are holding you back, staying prepared to refinance is still a smart strategy. Most experts agree that a dramatic rise in interest rates is unlikely […]
Jul
21,
2020
21,
2020
As most of us have found, most of the usual challenges still exist in the new normal created by the Coronavirus pandemic. For some, that means the reality of an upcoming move is quickly approaching. Before you begin what was already a dreaded undertaking, be sure you’re prepared for the additional complications that now come […]
Jul
16,
2020
16,
2020
While low-interest rates and limited inventory have given sellers a decided advantage in many real estate markets, there are always exceptions. Besides, you can’t predict when unexpected circumstances might create a sudden shift in the balance of power between buyers and sellers. Regardless of the reason, selling in a buyer’s market doesn’t have to be […]
Jul
14,
2020
14,
2020
Record-low mortgage interest rates and a decline in homes for sale as homeowners continue to deal with the impacts of the COVID-19 pandemic have combined to create a strong seller’s market in many parts of the country. In fact, a recent survey revealed that 42% of homeowners who purchased during the pandemic faced a bidding […]
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