Should You Wait to Buy a New Home?
Lower rates will be great… but that will also mean more competition, higher prices and lower seller concessions/credits. ???? With a tight supply of homes in the Phoenix Metro market, …
Commentary on the May 4th .25% Rate Increase
FED FUNDS RATE HIKE ???? = GOOD NEWS FOR MORTGAGE RATES ????
Top 1% Loan Originators in the U.S.
2022 brought so many changes for us – a new company, volatile interest rates, and a housing downturn. With all of that, we are so honored to have been recognized …
2022 Interest Rate Spike: The WHY Defined
Inflation = Too much money supply available for too few goods As we entered the days of a pandemic our supply of goods came to a screeching halt as the …
VA Loans
The VA loan was one of the many veterans’ benefits created by the Servicemen’s Readjustment Act of 1944, more commonly known as the “G.I. Bill.” The American Legion campaigned for …
What Makes Rates Change?
Changes in mortgage rates are an important factor in our decision to purchase houses or refinance existing mortgages. It makes us wonder, what really causes the mortgage rates to rise or fall? Well, …
Unpacking the Mortgage Payment – This is What you are Actually Paying for:
When you purchase a home, your monthly mortgage payments go toward both your loan balance and other costs, like interest, insurance, and taxes. You can expect your monthly payment to cover: …
DSCR Loans for Investors
Debt service coverage ratio, or DSCR, is a measurement of a property’s expected cash flow to determine ability to repay a mortgage loan. It’s a fantastic loan option for real …
