by admindan | Jul 11, 2023 | Loan Programs, Money Tip
Housing affordability is very challenging right now, when looking at mortgage rates, home prices and income levels. Good news! A July 9th housing report by Morningstar predicts mortgage rates will average 5% in 2024 and 4% in 2025. “The Fed has engineered a massive...
by admindan | Jun 27, 2023 | Financial Information, Money Tip
Are you wondering why mortgage rates are so high? Do you want to know how long this high rate environment will last? Me too! I’ve been working directly in areas of mortgage interest rates, forecasting, hedging and securitization for 35+ years. I’ve learned a lot,...
by admindan | Jun 14, 2023 | Financial Information, Money Tip
Do you want to purchase a home? Awesome! Congratulations! Why should you apply for a mortgage loan months or years in advance? Too often, buyers/borrowers start looking at houses first, find the “perfect” home, only to find out they do not qualify to purchase it. Too...
by admindan | Jun 6, 2023 | Loan Programs, Money Tip
Are you waiting to purchase a home because mortgage interest rates are so high? Most buyers are waiting for rates to drop lower. BUT, consider this, when rates decrease to more reasonable levels, many more buyers will be shopping and submitting offers to purchase...
by admindan | May 23, 2023 | Loan Programs, Money Tip
Do you want to purchase a home and get the absolute BEST mortgage interest rate in the market? Last week, one of my clients funded their home purchase using my recommended lender versus their option. I helped them get 4.50% rate on a 10/1 ARM, interest only, for over...
by admindan | May 16, 2023 | Financial Information, Money Tip
Are you self-employed and want to save as much as $6,000 on yearly taxes? Referred to as the Augusta Rule, you can use your primary or vacation home as a meeting location, up to 14 days per year, record the income and get a large tax deduction. You, your friends or...
