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What’s Ahead For Mortgage Rates This Week – July 29th, 2024

by lizlaurenb | Jul 29, 2024 | Financial Reports

Following the release of the PCE Index figures, which the Federal Reserve prefers as its key inflation metric, the data indicates a slight increase in inflation for the third quarter. Nonetheless, market sentiment remains unchanged, and the prediction that the Federal...

What’s Changed in the Industry? The Post-COVID Mortgage Landscape

by lizlaurenb | Jul 26, 2024 | Mortgage Rates

The COVID-19 pandemic reshaped many industries, and the mortgage sector was no exception. As we move further away from the pandemic, the mortgage industry continues to adapt, reflecting new economic realities, regulatory changes, and shifts in consumer behavior. For...

Fixed vs. Graduated vs. Interest-Only Mortgage Amortization

by lizlaurenb | Jul 25, 2024 | Mortgage

When selecting a mortgage, one of the most critical decisions is choosing the right amortization schedule. This choice significantly impacts your monthly payments and the total interest you’ll pay over the life of the loan. Here, we’ll compare three common...

Financing Home Improvements with Renovation Loans

by lizlaurenb | Jul 24, 2024 | Construction Loan

As a mortgage originator, I often encounter homeowners and buyers looking for ways to finance their home improvement projects. Renovation loans offer a fantastic solution, enabling you to upgrade and personalize your home while incorporating the cost into your...

The Importance of Employment History in Mortgage Approval and How Job Changes Impact Your Chances

by lizlaurenb | Jul 23, 2024 | Home Mortgage

When you’re applying for a mortgage, lenders scrutinize several aspects of your financial life to determine your eligibility. One crucial factor that can significantly influence the outcome is your employment history. Consistent and stable employment...
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International Bankers Group | NMLS# 339877

Mortgage Loan Originator License #MLO-347870

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