Thinking About Using Your Home as Collateral on a Loan? Here's What You Need To Know
By Kathleen Willcox In the current economic climate of fluctuating interest rates and inflation, many individuals find themselves in need of extra funds to navigate tough financial times. As a result, personal or business loans have become a popular option for those seeking financial relief. However, the decision of what to use as collateral on […]
Rents Continue To Fall—but Renters Still Face Affordability Challenges
By Clare Trapasso Jul 25, 2023 Renters across the nation are seeing a glimmer of hope as rents continue to drop, but the relief may not be enough to ease their financial burden. In June, rents declined by 1% year over year, with the median rent in the 50 largest housing markets reaching $1,745 per month, […]
Creating a List of Housing Priorities: The Key to Simplifying Your House Hunting Experience
When it comes to house hunting, it can be overwhelming to sift through endless listings and make sense of all the options available. That's why it's important to start with a clear list of housing priorities to guide your search and help you make informed decisions throughout the home-buying process. First and foremost, consider the […]
From Pre-Approval to Closing: A Comprehensive Guide to the Mortgage Loan Process
Buying a home is an exciting and significant milestone for many people. However, the process of securing a mortgage loan can be overwhelming, especially for first-time homebuyers. Understanding the mortgage loan process can help you prepare and make informed decisions as you navigate the home buying process. The first step in the mortgage loan process […]
Ready to Buy a Home? Here's What You Need to Know About Pre-Approval for a Mortgage
A mortgage pre-approval is crucial because it will help determine the price range of your new home search. If you're planning to purchase a new home, getting pre-approved for a mortgage is an important first step. A mortgage pre-approval is a document that confirms the amount a lender is willing to loan you for a […]
