Mortgage Tips and Advice

Retire Right: Are you worried about interest rates?

Retire Right: Are you worried about interest rates?

Are you concerned about what interest rates are going to do this year? You are certainly not alone, and many people have speculated that mortgage rates will continue to go up this year and possibly even reach 8%. That is where the “optimal rate lock” program with a Home Equity Conversion Mortgage (HECM) is a fantastic solution. Let me explain. 

Shopping for a Lender

Shopping for a Lender

The most important step in the home buying process, if you aren’t paying cash, is securing a loan. You’ll need to shop for a lender, compare loan products and get that all-important loan pre-approval letter. Today we’ll take a look at how to go about choosing a lender.

The sandwich is real

On top of the expenses for aging parents, the sandwich generation is also continuing to support their own children and incurring those ongoing living expenses and possibly college expenses as well. Plus, these folks must also work on their own retirement plans and save money for their own future at the same time. 

To wait or not to wait, that is the question

As Americans, we are typically very reactive versus proactive. I am here to tell you that nothing gets better with time except fine wine and cheese (at least that is what I am told). Let’s take a few examples that many of us can relate to in our everyday lives. Let’s...

Retire Right: Is the Goal to Pay Off Your Mortgage?

Retire Right: Is the Goal to Pay Off Your Mortgage?

Many of us have deeply rooted beliefs, which date back to the Great Depression, that we must pay off our mortgage. Does this belief still hold true today? Is paying off your mortgage the best investment strategy given all the new products and solutions available?