There are many benefits to homeownership. One of the top benefits is being able to protect yourself from rising rents by locking in your housing cost for the life of your mortgage. Don’t Become Trapped A recent article by ConsumerAffairs addressed the continuous rise in rents, stating: “The cost of putting a roof over your head continues to go […]
What is not in a Credit Score
September 25, 2017 by ·
Ever wonder what information is not allowed to be used in calculating your credit score? Federal laws including the Equal Credit Opportunity Act and Consumer Credit Protection Act prohibit certain things from being factored into credit scores. Such things include: Race, color, religion, national origin, sex and marital status. United States law prohibits credit scoring […]
4 Tips for Effectively Making an Offer
August 15, 2017 by ·
So, you’ve been searching for that perfect house to call a ‘home,’ and you finally found one! The price is right, and in such a competitive market, you want to make sure that you make a good offer so that you can guarantee that your dream of making this house yours comes true! Freddie Mac covered “4 […]
A Millennial’s Guide to Homeownership
June 1, 2017 by ·
Millennial e-Guide When you’re ready to explore your Homeownership goals, give me a call or you can start here by applying online. You’ll be sure to receive a plan of action that will guide you. APPLY ONLINE HERE
The Foreclosure Crisis: 10 Years Later
April 13, 2017 by ·
CoreLogic recently released a report entitled, United States Residential Foreclosure Crisis: 10 Years Later, in which they examined the years leading up to the crisis all the way through to present day. With a peak in 2010 when nearly 1.2 million homes were foreclosed on, over 7.7 million families lost their homes throughout the entire […]
How Long Do Most Families Stay in Their Home?
March 30, 2017 by ·
The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of the data points that has changed dramatically is the median tenure of a family in a home. As the graph below shows, for over twenty years (1985-2008), the median tenure averaged exactly six years. However, since 2008, that average is almost […]
CE Classes in Scottsdale, AZ
August 7, 2016 by ·
Karen Jones and Cindy Hallas teach CE Classes in Scottsdale, AZ. We welcome you to join us! View our Calendar Here.
When Is It A Good Time To Rent? Definitely NOT NOW!
July 20, 2016 by ·
People often ask whether or not now is a good time to buy a home. No one ever asks when a good time to rent is. However, we want to make certain that everyone understands that today is NOT a good time to rent. The Census Bureau recently released their first quarter median rent numbers. Here is […]
BREXIT: What’s the FIXIT for U.S. Home Buyers and Sellers?
June 29, 2016 by ·
Now that much of the dust has settled and the panic has waned, let’s take a look at what impact Britain’s exit from the European Union may have on the U.S. housing market. The most immediate impact of Brexit will be on mortgage interest rates. Interest rates have remained at historic lows for the […]
What Causes Home Loan Rates to Move Up and Down?
April 15, 2016 by ·
The Federal Reserve monitors the U.S. economy and, when necessary, takes steps to address inflationary concerns to avoid economic recession. When the Fed discusses interest rates, it is primarily concerning the Fed Funds Rate, which is the rate banks use when lending money to each other overnight. Home loan rates, on the other hand, […]
