by lizlaurenb | Nov 16, 2023 | Mortgage Tips
When it comes to mortgages, a “buydown” generally refers to paying an extra fee upfront to reduce the interest rate over a specific period. There are typically two types: temporary buydowns and permanent buydowns. Permanent Buydown: With a permanent...
by lizlaurenb | Nov 14, 2023 | Mortgage Application
Have you finally found your dream home after months of searching, and then you are told that the seller has received other offers? No buyer wants to find themselves in a bidding war against another buyer as it is a stressful situation. Being unprepared and not having...
by lizlaurenb | Nov 13, 2023 | Taxes
There are several big tax breaks available from home credits that can help homeowners save money on their taxes. Here are some notable examples: Mortgage Interest Deduction: This is one of the largest tax breaks for homeowners. You can deduct the interest paid on your...
by lizlaurenb | Nov 13, 2023 | Financial Reports
The week following the FOMC rate decision meetings are typically very light, with the two most influential releases being the University of Michigan Consumer Sentiment and the weekly Job Claims reports. The more positive news is mortgage lending rates have been on the...
by lizlaurenb | Nov 10, 2023 | Mortgage
Going from renting to owning a home can be a significant financial and personal milestone, but it requires careful planning and preparation. Here are some steps to take to make the transition from renting to owning: Determine your budget: Calculate your current...
