What Are the Pros and Cons of Waiting Out the Housing Market?
The housing market has rebounded strongly since the pandemic, and even with recent increases to interest rates this year, the housing market remains steady and people continue to buy up more homes. This has led many to wonder if they should purchase a home immediately, or wait to see if the market comes down. If…
Read MoreShould I Wait For the Housing Market to Decline To Buy a Home?
As home prices continue to rise in the United States, many wonder if there will be an eventual housing market crash similar to the one that occurred during the great recession in the mid 2000’s. Many people that are interested in purchasing a home are not sure if they should buy now, or wait for…
Read MoreEquifax, Experian, and TransUnion Support U.S. Consumers With Changes to Medical Collection Debt Reporting
Equifax, Experian, and TransUnion Support U.S. Consumers With Changes to Medical Collection Debt Reporting Joint Measures from Consumer Credit Reporting Agencies Remove Nearly 70% of Medical Collection Debt Tradelines from Consumer Credit Reports. Effective July 1, 2022, paid medical collection debt will no longer be included on consumer credit reports. In addition, the time period…
Read MoreCan You Use an FHA Loan to Buy a Tiny Home?
Are you interested in buying a tiny home either to live in or rent out for a profit and wondering what types of loans you can qualify for? FHA loans can cover the purchase of a tiny home in most circumstances if a borrower is eligible. If you are interested in learning more about buying…
Read MoreRefinancing Your Mortgage For a Better Rate or Term
Taking out a mortgage to finance the purchase of a home is a substantial financial commitment, and fortunately, the original terms of your loan don’t always have to be permanent if you refinance your mortgage. A rate and term refinance is an option that can end up saving borrowers a significant amount of money over…
Read MoreUkraine Crisis Relief and Awareness
Donate to one of the numerous charitable organizations providing support to people on the ground. Here are three that we’ve donated to: GlobalGiving a crowdfunding platform, currently has a Ukrainian crisis relief fund working to provide food, water, shelter, and other assistance to refugees. Direct Relief is working to fulfill a list of medical needs…
Read MoreWhat Kind of Documents Do You Need When You Buy a Home?
Are you interested in buying a home, and wondering what kinds of documents you will need to provide when you apply for a mortgage? The process of buying a home can seem stressful because it involves several steps, however being well prepared and having all of the necessary paperwork organized ahead of time can help…
Read MoreMax Out Your Homeowner's Tax Deductions
One of the many perks of homeownership is the annual mortgage interest deduction. If this is your first year filing as a homeowner, here are some tips to prepare this year’s federal return. Tax filing software or your accountant will help you identify your deductions, including these: You worked remotely in a home office (check…
Read MoreHow Does Your Credit Score Impact Mortgage Rates?
When buying a home, the interest rate of your mortgage will affect the total amount you will pay for your home throughout the life of the loan. Your credit score directly impacts mortgage rate pricing, and if you have a higher credit score, you will be able to qualify for better interest rates. If you…
Read MoreShould I Follow The Dow or S&P 500?
If you have a bunch of different stocks or are savvy in stock trading then you likely monitor the S&P 500 or honestly they usually just monitor their own personal stocks. Then you have those who just have a 401-K or mutual fund that has a heavy portion of US Stocks then honestly your best…
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