Mortgage Tips and Advice

Are there alternatives to foreclosure?

Are there alternatives to foreclosure?

At the first sign of not being able to make the monthly mortgage payment, the homeowner should start out with contacting a real estate attorney, a Realtor®, and their mortgage lender to review all the options

A Closer Look: The 30-year mortgage

The average interest rate on a 30-year mortgage is now 5.35 percent. That’s over two percentage points higher than at the beginning of 2022. These higher interest rates will undoubtedly change the home-buying scene as people weigh the costs of borrowing. But one constant is that the majority of new mortgages are of the 30-year fixed variety. Ever wonder why?

What you need to know about the Federal Reserve’s recent meetings

What you need to know about the Federal Reserve’s recent meetings

Whether you’re ready to purchase a home right now or you plan to wait a while, you may be interested in staying apprised of the Federal Reserve’s latest decisions.

The FHFA and Treasury ease restrictions for financing second homes and investment properties

The FHFA and Treasury ease restrictions for financing second homes and investment properties

If you’ve been on the search for housing, you’ve probably noticed that the market is incredibly competitive for both renters and buyers. As a result, the restrictions put in place earlier this year have been lifted in an effort to give a boost to the dwindling housing supply across the country.