Renewal
Everyone seems to be taking a 5 year fixed rate, should you as well?
Everyone seems to be taking a 5 year fixed rate, should you as well? You are about to make an offer on a home and you now have to decide on the dreaded question, “what type of mortgage product should I take?†It is an important question and can be a bit complicated weighing the…
Read MoreFeds postpone rate hike. Will rates take a hike soon?
Feds postpone rate hike. Will rates take a hike soon? This blog post is sourced by the expert and economist Dr. Sherry Cooper. Enjoy her brilliance below:Â No one expected the Federal Reserve to raise rates today even though they have been criticized by some for lacking credibility. When the target overnight fed funds rate…
Read MoreReal Life Story #1 – Downpayment
Hey! I will now be posting occasional Real Life Stories about my mortgage situations I encounter. I will be posting these along with my regular blog posts. These will be short and sweet and contain a quick story that may be helpful as you plan your next purchase or refinance! 🙂 Here we go! I…
Read MoreShould you renew your mortgage early? I just did and literally saved thousands!
Hey! If you have a mortgage, you have a mortgage term. This is the date that your mortgage comes up for renewal and you have to renegotiate your terms, rates, bank, etc. Everyone for the past 5 years has been winning in this renewal scenario because rates are usually much less than what you signed…
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