by admindan | Nov 9, 2021 | Financial Information, Money Tip
Real estate can be a great investment. I bet you didn’t realize you have A LOT of competition to buy a home. There are five or more types of buyers looking to purchase properties. Really? Yes! Money Tip: Invest in some form of real estate, because there is limited...
by admindan | Sep 21, 2021 | Financial Information, Money Tip
If you inherit your parents’ home in a trust, plan to keep it, need cash-out to settle sibling(s)’ needs, etc., and want to keep the property tax basis the same, 99% of the lenders can’t do your loan correctly. Don’t get screwed on your loan. Solution: Only 1%...
by admindan | Aug 31, 2021 | Financial Information, Money Tip
Should you buy a home in this hot price market? Solution: Most likely. In my 34 years in mortgage lending and real estate, owning a home has usually been one of the best investments over the long-term. Recently Mark Fleming, chief economist at First American Research,...
by admindan | Aug 17, 2021 | Financial Information, Money Tip
If you have not refinanced, I highly recommend beginning the process soon. Why? The Federal Reserve Bank will probably stop buying mortgage backed securities early next year. The announcement will likely occur next month. Traders on Wall Street will anticipate it....
by admindan | Aug 3, 2021 | Financial Information, Money Tip
Are you in the middle of a refinance with loan amount of $125,000+? Is your rate already locked? Here is how to save approximately .50% in fee on your loan. Background: On Friday 7/16, FHFA (Federal Housing Finance Agency) eliminated the adverse market .50% fee on...
by admindan | Jul 20, 2021 | Financial Information, Money Tip
Still looking to refinance your mortgage loan? Now your costs just became .50% lower in fees! On Friday, July 16, the Federal Housing Finance Agency (FHFA) officially ended a controversial adverse market refinance fee for certain loans, usually $125,000+. Many lenders...
