by sgomes | Jan 26, 2024 | Finance, Housing
More than half of buyers under the age of 40 are interested in the option of “house hacking” as a way to afford a home. House hacking is purchasing a property that also provides rental income to help offset the costs of purchasing and maintaining a home. The basic...
by sgomes | Jan 19, 2024 | Economy, Housing, Mortgage Rates
Unless you live in a cave, (doubtful, since you are using the internet to read this), you know that there has been a slump in the current real estate market. However, there is some bright news on the horizon. For the past two months, the U.S. real estate housing...
by sgomes | Jan 12, 2024 | Home Equity, Housing
According to the Federal Reserve Economic Data (FRED) report, the homeowners’ equity in real estate for households in the United States topped $32.6 trillion in 2023. This is an increase of 1.3% or $425 billion from Q2 2023 and sets a new record for accumulated...
by sgomes | Jan 5, 2024 | Home Equity, Reverse Mortgage
Over the past decade we have assisted numerous reverse mortgage borrowers and have seen a pattern of how the funds are being used. If you’ve read prior blogs on this type of home loan, you already know that funds from a reverse mortgage can be accessed in many ways....
