Market Update August 2020 PAYMENT PROBLEM  19% of U.S. households missed their mortgage and rent payments in the first week of July. 13% ...

MORTGAGE DELINQUENCY ON THE RISE Mortgage delinquency continues to climb as the county fights to contain the spread of COVID-19. In May, ...

FORBEARANCE MADNESS Since the CARES Act went into effect in March (allowing homeowners to go into forbearance due to a COVID-19 related h...

GOVERNMENT SPONSORED DEFAULT In a poorly thought out, knee jerk reaction to COVID-19, the federal government implemented the CARES Act. T...

MORTGAGE APPLICATIONS SPIKE Mortgage applications soared the week of January 10th by 30% over the previous week. With interest rates in a...

HOME AFFORDABILITY UNDER STRAIN Home prices continue to post gains at near record levels, putting strain on affordability. In November, h...

U.S. DEBT HITS NEW RECORD Consumer debt also hits all-time high of $4.1 Trillion as did mortgage debt, surging to a new high of $9.5 Tril...

NOVEMBER 2019 INDUSTRY INSIDERS - RECESSION IS REAL Economists are not the only ones warning of the possibility of a looming recession. T...

On your FHA loan, you paid a mortgage insurance premium at the time of buying the house (or refinancing). This initial premium is the cal...

FED CUTS SHORT TERM RATES IN SEPTEMBER – TRUMP NOT HAPPY In September the Federal Reserve cut the Fed Funds Rates a second time, in just ...

HISTORIC HIGHS FOR HOME EQUITY In the second quarter of 2019, U.S. home equity hit an all-time high of $6.3 trillion, according to a new ...

FED DECISION On July 31st, the Federal Reserve lowered short term interest rates 25 BPS; the first drop by the Fed in over a decade. Long...

REFI-BOOM OF 2019 After one of the greatest bull runs for the U.S. economy, after ten years, the cycle appears to be coming to an end. At...

If you or someone you know are a U.S Veteran I may be able to help with savings on monthly mortgage payments! Not only are there advantag...

Home equity is the difference between what you owe and what your home is worth. The calculation to determine your home equity is easy! Ta...

MARKET UPDATE - JUNE 2019 INTEREST RATES FALL OFF A CLIFF Ongoing tariff issues with China, and growing concerns over a looming recession...

This is one of the first questions someone asks themselves when homeownership enters their mind. Rightfully so! Buying a home is a big de...

Dear Reader, * We recognize that reading an article doesn't make you an expert nor does it replace the decades of experience we have as p...

Being prepared to buy a house doesn't just consist of obtaining a pre-approval letter from the bank. There is much more to the process of...

Every day I do exercises in depth perception. Going from a 50,000-foot view to a super zoomed-in close-up look at my job continually expa...