Sasha Hendrickson
Refinancing Your Mortgage: Understanding Potential Savings
Refinancing your mortgage can save you significant money, even in today’s fluctuating mortgage rate environment. Understanding how refinancing works and how current rates affect your mortgage payments is essential. Refinancing can lower your monthly payments, shorten your loan term, or access your home equity. This blog will provide detailed information on current mortgage rates, why ... Read more
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Mortgage Scams -How to Avoid Them?
Mortgage scams target unsuspecting homebuyers and homeowners. These scams can lead to financial loss and emotional distress. Avoid falling victim to these schemes by staying informed and vigilant. Here are essential tips to protect yourself from mortgage scams. Recognize Common Mortgage Scams Understanding common mortgage scams can help you stay alert. Look out for foreclosure ... Read more
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✅Mid-Week News Updates, July 17, 2024
Mid-Week Updates, July 17, 2024 ➡️Single-Family Home Construction Drops in June as Builders Wait for Rate Cuts Construction activity on single-family homes dropped for the fourth straight month in June, as high interest rates weighed on building activity. Single-family housing starts were at a seasonally adjusted annual rate of 980,000 last month, down 2.2% from ... Read more
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Comprehensive Guide to Investment Property Loans
Investing in real estate can be a profitable venture, but understanding how investment property loans work is crucial for success. Therefore, this guide covers the essentials of securing an investment property loan, the differences from other loans, and how to navigate the process. What is an Investment Property Loan, and does it Differ from Second ... Read more
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✅Mid-Week News Updates, July 10, 2024
➡️After big May drop, Fannie’s consumer sentiment index rebounds in June But affordability concerns persist, leaving slim upside Fannie Mae’s Home Purchase Sentiment Index (HPSI), measuring consumers’ opinions of the state of the housing market, rose by 3.2 points in June, erasing the previous month’s dip and inching closer to a likely plateau reached earlier ... Read more
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✅Mid-Week News Updates, July 3, 2024
➡️𝗛𝗘𝗟𝗢𝗖 𝗼𝗿 𝗛𝗘𝗟𝗢𝗔𝗡: 𝗛𝗼𝗺𝗲 𝗘𝗾𝘂𝗶𝘁𝘆 𝗢𝗽𝘁𝗶𝗼𝗻𝘀 𝗳𝗼𝗿 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴 𝗡𝗲𝗲𝗱𝘀 Homeowners often consider tapping into their home equity for various financial needs. By understanding the differences between HELOANs and HELOCs and considering your financial needs, you can make informed decisions about leveraging your home equity effectively. More here: https://www.bfgusa.com/2024/04/17/heloan-or-heloc-home-equity-options-for-financing-needs/ ➡️𝗛𝗼𝗺𝗲𝗼𝘄𝗻𝗲𝗿𝘀 𝗮𝗿𝗲 𝘀𝗶𝘁𝘁𝗶𝗻𝗴 𝗼𝗻 𝗮 𝗿𝗲𝗰𝗼𝗿𝗱 𝗮𝗺𝗼𝘂𝗻𝘁 ... Read more
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First-time homebuyers, let’s get you a dream house
For many, the dream of homeownership signals a new chapter in life. Settled and with plans for the future, you yearn for a cozy place to call your own. “Home” is the place that evokes a deep emotional connection. It represents a sanctuary, a place to rest, relax, and grow. It doesn’t need to be ... Read more
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✅Mid-Week News Updates, June 26, 2024
Mid-Week News Updates, June 26, 2024 ➡️𝗠𝗼𝗿𝘁𝗴𝗮𝗴𝗲 𝗥𝗮𝘁𝗲𝘀 𝗖𝗼𝗻𝘁𝗶𝗻𝘂𝗲 𝘁𝗼 𝗕𝗼𝗯 𝗕𝗲𝗹𝗼𝘄 𝟳%Rates on 30-year mortgages have been in a mild yo-yo pattern in the upper-6% range since early June. Rising 3 basis points Monday, the 30-year average is at 6.87%. Rates for most other mortgage types also saw minimal movement to start the week.More ... Read more
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ITIN Loans for Non-Residents: A Comprehensive Guide
ITIN loans provide an essential pathway to homeownership for non-residents and those without a Social Security number. It is as simple as it sounds. It is a type of home loan available to those who do not have their social security numbers. It is beneficial for people who are not eligible for conventional loans. As ... Read more
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Should I buy a house now or wait?
Monthly overview, May 2024 A question that arises often in our conversations with friends and clients is “Should I wait with home buying or grin and bear it now, while others are still waiting for rates to go down?” You want to buy a new home. But so do millions of other Americans. The market ... Read more
