by sgomes | Aug 23, 2024 | Finance, Reverse Mortgage
If you have potential gaps in your plan for retirement income, you might consider adding part of your home equity to your planning. Over the past several years home values have increased dramatically across the US. In response to this, many retirement planners are...
by sgomes | Aug 9, 2024 | Mortgage, Mortgage Rates
A recent decrease in interest rates has spurred a significant uptick in mortgage refinance applications, according to the latest data from the Mortgage Bankers Association (MBA). While overall mortgage application volume saw a notable increase, the majority of this...
by sgomes | Aug 2, 2024 | Mortgage
When applying for a mortgage, one critical step that stands between you and closing the deal is the underwriting process. The core function of underwriting is evaluating your financial standing, which determines your eligibility for a mortgage. It is based on factors...
by sgomes | Jul 26, 2024 | Housing
Recent data released by the National Association of Realtors® sheds light on the evolving dynamics within the housing market. While existing home sales experienced a decline in June, median sales prices reached record highs, showing a mixed picture for potential...
by sgomes | Jul 19, 2024 | Housing
The real estate market is a dynamic ecosystem that can shift in favor of either buyers or sellers based on supply and demand. Understanding the differences between a buyer’s market and a seller’s market can empower individuals looking to buy or sell...