by luxretail | Oct 13, 2022 | Home Buying, Market News
When the Federal Reserve is making headlines, as it has been lately, questions can arise among potential homebuyers. The Fed’s moves affecting interest rates often spark fears that home-buying costs are rising beyond affordability. But it’s wise to...
by luxretail | Sep 16, 2022 | Home Buying
A system that many lenders employ to evaluate creditworthiness, the 5 C’s of Credit are an informal but widely used methodology in the approval process for mortgage loans. They are: Character, Capacity, Collateral, Capital, and Conditions. Let’s look at...
by luxretail | Aug 26, 2022 | Home Buying
At heart, a good loan officer’s goal is to keep you informed on the mortgage products that best fit your unique needs. Knowledge and understanding of these financial tools is often key to your success in a variety of important ways. Let’s consider a few....
by luxretail | Jul 6, 2022 | Home Buying, Market News
After a white-hot run over the past few years, the housing market is showing signs of cooling; home prices are dropping in many areas. In a June 2022 assessment of regional housing markets, CoreLogic determined that 45 markets have more than a 50% probability of...
by luxretail | Jun 28, 2022 | Home Buying
If you’re shopping for a new home this summer, you’ve probably got interest rates, inflation, inventory issues, and more on your mind. Here are a few tips to help you through the summer home-buying season. Don’t Make Rash Decisions Over Interest...
