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Employer Affinity is HERE
Employer Affinity Program is Here NOW We are very pleased to announce the arrival of our Employer Affinity Benefits mortgage program. This program allows eligible employers to offer their employees and their families access to special home financing benefits. This helps employees save money and gain access to benefits, and in turn allows employers…
Read More2023 Mortgage Forecast & Housing Outlook
Our 2023 Mortgage Forecast & Housing Outlook Happy 2023! We hope this data, forecast, and our opinions are helpful in guiding you or your clients to a successful year in real estate! We believe it’s a great time to buy a home, and that in 2023 we’ll begin to see many of the challenges 2022…
Read MoreWhat’s Happening in the Housing Market
As Q3 winds down for 2022, I wanted to provide some insights into where the housing and mortgage markets are, and what’s likely to occur going forward. If Q2 was to be summed up with one word, it would likely be volatility. We witnessed 2 aggressive Fed rate hikes, with opposite market reactions each time. Interest…
Read MoreIs The Real Estate Market Going To Crash?
Is the Real Estate Market Going to Crash? 2022 has been a year of change for the United States real estate market. Coming off of a covid-infused housing frenzy, 2020 ushered in the cheapest borrowing costs the country has ever seen, with rates on 30 year fixed mortgage dropping into the 2s, and nationwide…
Read MoreWill Inflation Go Down?
Will Inflation Go Down? There’s tons of economic jargon being tossed around headlines these days, and one of the hot topics out there is inflation. To start, it’s important to understand what inflation is. When the value of a currency diminishes, the result is inflation – basically, you get less for the same or more. …
Read More5 Tips for Preparing to Buy a Home
Top Tips To Make Home Buying a Breeze Tip #1 – Get Pre-Approved NOW Buying a home a month from now? Buying a home a year from now? Not sure if, when, or where you’ll buy a home? Either way, get pre-approved now! A pre-approval is the most important planning action you…
Read MoreLoan Fees Should be Exact – to you it’s a buffer, to a regulator, it’s gouging
For most loan fees, I have a tolerance of 0% on how much I’m supposed to be off. What that means is that my loan fees need to be known and disclosed up front, many times before we even have all of the facts as a lender. I can’t be wrong, and if I am,…
Read MorePhiladelphia Mortgage Refinance
Philadelphia Mortgage Refinance Recently I was able to help a favorite client of mine with his Philadelphia mortgage refinance. When rates dropped several years ago, we were able to take advantage and help him save a lot of money each month. After our closing he used a home equity line of credit to do…
Read MoreHow the Brexit Affects Mortgage Rates
How the Brexit Affects Mortgage Rates A week ago today the people of the UK voted en masse to leave the European Union (EU). In the immediate wake of that vote, Sterling, Asian Stocks, and domestic stock futures all took a beating. Traders rushed to “safe” havens of bonds and long term, stable investments.…
Read MoreFuture Income Mortgage Loan
The Future Income Mortgage Many people think mortgage qualifying involves evidence of current income to the tune of W2 forms and paystubs. While this is true in many cases (along with tax returns and verifications of employment), there are several other ways to qualify for mortgages. In recent months, alternative income methods have made a…
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