Latest Blog Posts

3 Reasons Why Buying an Investment Property Is the Best Way to Build Your Net Worth

3 Reasons Why Buying an Investment Property Is the Best Way to Build Your Net Worth

Whether you have recently graduated from college or are getting close to retirement, it’s likely that you have given some thought as to how you can grow your net worth. You might have invested in stocks, picked up a few bonds or have a 401(k) plan set up to help fund your retirement. But have you considered buying real estate as part of your portfolio?

By February 8, 2018 Read More →
Case-Shiller Home Price Growth Ticks Upward in November Reading

Case-Shiller Home Price Growth Ticks Upward in November Reading

Home prices increased in November, with national home prices up 0.70 percent month-to-month and 6.20 percent higher year-over year. Case-Shiller’s 20-City Home Price Index rose by 0.70 percent in the three-month period ending in November; nationally, home prices grew 6.20 percent year-over-year.

By February 7, 2018 Read More →
The 4-Step Financial Checkup to Get Ready for a Mortgage in 2018

The 4-Step Financial Checkup to Get Ready for a Mortgage in 2018

Are you ready to join the ranks of homeowners in our local community? Congratulations – homeownership is a big step towards building your net worth and financial freedom. However, it is also a significant transaction that will affect your finances for the foreseeable future. Let’s take a look at a quick four-step checklist that will help you to get ready to buy a home with a mortgage in 2018.

By February 6, 2018 Read More →
What’s Ahead For Mortgage Rates This Week – February 5th, 2018

What’s Ahead For Mortgage Rates This Week – February 5th, 2018

Last week’s economic releases included readings on pending home sales, Case-Shiller Home Price Indices and construction spending. The Federal Open Market Committee of the Federal Reserve released its monthly statement and weekly readings on mortgage rates and new jobless claims were released. Last week’s economic readings wrapped with a report on consumer confidence.

By February 5, 2018 Read More →
What Is Mortgage Insurance and How Does It Benefit Me? Let’s Take a Look

What Is Mortgage Insurance and How Does It Benefit Me? Let’s Take a Look

Are you in the market for a new home? If you are considering a mortgage, you may be curious about mortgage insurance, commonly referred to as PMI or MI. Let’s explore the topic of mortgage insurance, including how it works to reduce risk and how it benefits you as the mortgage borrower.

By February 2, 2018 Read More →
The Mortgage Helper: How to Find the Perfect Tenant for Your Basement Suite

The Mortgage Helper: How to Find the Perfect Tenant for Your Basement Suite

Do you have an empty basement or separated suite in your home? If you have a suite sitting empty, you are missing out on collecting some extra monthly income in the form of rent. Let’s take a look at a quick four-step process that will help you find the perfect tenant to rent out your basement suite.

By February 1, 2018 Read More →
Spring Is Coming: Get a Jump on Spring Cleaning and Breathe New Life into Your Tired Spaces

Spring Is Coming: Get a Jump on Spring Cleaning and Breathe New Life into Your Tired Spaces

Spring is almost here – and with it, the need to clean out the clutter and freshen up your home. Let’s explore a few tips that will help you to get a jump on your spring cleaning so that you can get outside and enjoy the nice weather later.

By January 31, 2018 Read More →
Curious About Homeowners’ Association (HOA) Fees? Here’s What You Need to Know

Curious About Homeowners’ Association (HOA) Fees? Here’s What You Need to Know

If you are thinking of buying a condominium or a home that is part of a planned community, you have likely come across the term “homeowners’ association” or HOA. In short, the HOA is a coalition of local homeowners who have banded together to manage the needs of the local community. Let’s explore the concept of the homeowners’ association, why they charge fees and what you can expect from your HOA if you buy a home that is part of one.

By January 30, 2018 Read More →
What’s Ahead For Mortgage Rates This Week – January 29, 2018

What’s Ahead For Mortgage Rates This Week – January 29, 2018

December sales of previously-owned homes dipped to an 18-year low with a reading of 5.57 million sales on a seasonally-adjusted annual basis. Pre-owned home sales were expected to reach 5.73 million homes based on November’s downwardly- revised reading of 5.78 million sales. December sales were 3.6 percent lower month-to-month, but were 1.10 percent higher year-over-year.

By January 29, 2018 Read More →
3 Reasons You Might Consider Refinancing Your Mortgage in Early 2018

3 Reasons You Might Consider Refinancing Your Mortgage in Early 2018

If you are a homeowner who has had their mortgage for a few years, you may be starting to wonder about refinancing. In essence, this is the process of retiring your current mortgage and taking out a new one because the terms are more favorable to you.

By January 26, 2018 Read More →