Rent or Buy in today’s market
Thursday, 18 August 2022
Despite rising 30-year fixed rates back above the 5% mark, calculations have shown that purchasing a home and selling it remains cheaper than simply renting it, regardless of the time you intend to stay in possession of the property. Rents are rising rapidly nationwide with a 14% average increase comparing to last year. For some
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Payoff Your Loan Early
Wednesday, 29 June 2022
How to save money on a mortgage even if the interest rate is not at historical lows? It does not require upfront costs. Savings can come without actually decreasing your interest rate by simply increasing the frequency of mortgage payments. It is possible to pay your monthly mortgage payments bi-weekly or tri-weekly . This can
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ZERO Percent Interest Down Payment Loan for First Time Homebuyers?!
Thursday, 12 May 2022
Yes!! That’s right! If you are a first-time homebuyer trying to purchase your primary residence, new help is here! CA’s new Forgivable Equity Builder Loan gives qualified buyers 0% interest loan up to 10% of the purchase price or appraised value (whichever is lower). This loan is forgivable if you occupy the home as primary
Market Updates – May 2, 2022
Friday, 06 May 2022
As expected, the Fed funds rate was increased by 0.5% on Wednesday, May 4. Chairman Powell also pointed out the Fed is not actively looking to increase the rate by 0.75% in the coming meetings. This announcement gave investors some temporary encouragement on the future of the economy and helped boost the stock market on Wednesday.
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Fund your next renovation project
Thursday, 21 April 2022
With a housing shortage, home improvements and renovations have become the hottest choices for many homeowners. Instead of using credit cards and savings to fund those projects, HELOC and/or cash-out refinancing are excellent avenues to take using the equity of your home to improve the value and comfort. Mortgage rates are below credit card rates
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