Blog

Jan 28 2021
A tightening housing market can present buyers with limited options when it comes to finding the right home. Fortunately, even shoppers without the savings to fund a substantial renovation can take advantage of loan programs designed to help them create the house they always wanted. If you’re having trouble finding a property that checks all […]
Jan 5 2021
young couple looking to the right
Shopping for a mortgage with substantial student loan debt may seem like an exercise in futility, but it might be less of a challenge than you imagined. Between repayment plans, lender approaches and old-fashioned financial responsibility, buying a home may already be within reach.  Before writing off your ability to qualify for a mortgage, review […]
Oct 1 2019

The Adjustable-Rate Mortgage (ARM) has been a useful option for borrowers looking to minimize their interest rate or planning another move sooner rather than later, and recently it has been growing in popularity. If you already have an ARM or are considering its advantages, it’s important to prepare for its namesake inevitability. Although the initial […]

Sep 26 2019

With interest rates at historical lows, many homeowners are considering the benefits of refinancing their mortgages. While lowering your monthly payments can be appealing, restarting a 30-year mortgage could increase the total interest you’ll pay over a lifetime. On the other hand, refinancing to a shorter-term, 15- or 20-year loan could actually save you money […]

Sep 5 2019

With mortgage rates at historic lows, the Federal Reserve recently cutting the funds rate for the first time in a decade, and more rate cuts expected as soon as this month, many homeowners can now benefit from refinancing.  But how do you know if refinancing your mortgage is the right move? We’ve put together five […]

Aug 20 2019

At its July meeting a few weeks ago, the Federal Reserve lowered the federal funds rate for the first time in a decade. The quarter-point cut, intended to offset early signs of a slowing economy, brings the federal funds rate down to just 2 percent. While the rate cut impacts financial institutions more directly than […]

Jun 6 2019

The simple answer is yes. Much like a traditional mortgage, it is possible to refinance an existing reverse mortgage. Determining if it’s in your interest to do so can be a more complicated decision.    Despite its differences from a conventional mortgage – limited to homeowners age 62 and up, and providing a way to […]

May 14 2019

Mortgage interest rates recently reached a 15-month low, with economists predicting they will hold steady. That’s excellent news for homebuyers, but what does it mean for current homeowners? Well, it may be a good time to consider refinancing. Refinancing can help you lower your monthly payments, eliminate mortgage insurance premiums, or pay off your home […]

Apr 23 2019

Getting the most bang for your buck when it comes to a mortgage is all about being an informed buyer. The first step is learning the difference between an adjustable rate mortgage and a fixed rate mortgage. Each will come with their own benefits and drawbacks, depending on your situation, but one could be a […]

Feb 19 2019

Transitioning into a comfortable retirement typically requires hard work, careful planning and the ability to reconcile your financial health with long-held aspirations. However, if retirement is nearing and the resulting fixed income threatens to derail the lifestyle you imagined, an underutilized and often misunderstood tool could get you back on track. Add Income, Reduce Costs […]