by luxretail | Mar 13, 2020 | Refinancing
As the world economy copes with the growing concerns amid COVID-19, as well as political factors, mortgage rates are nearing historic lows. While we at Luxury Mortgage acknowledge the seriousness of this illness and advise everyone to take precautions, it should also...
by luxretail | Sep 30, 2019 | Refinancing
As mortgage rates continue to stay low, many homeowners are giving thoughtful consideration to refinancing–the process of replacing an existing mortgage with a new one, usually giving the homeowner a more affordable rate or more favorable terms. While refinancing a...
by luxretail | Aug 30, 2019 | Refinancing
Thinking about switching up your mortgage structure to save money? Today’s lower rates could mean now is a great time to refinance your mortgage, and shave off extra time and interest if you refinance into a shorter loan term. Low Rates In case you haven’t been...
by luxretail | Jul 25, 2016 | Market News
In the luxury home market, sales in the $750,000 to $1,000,000 range have increased by 15 percent in 2016 over 2015 sales. In the over $1,000,000 category, the increase is smaller at 12% but still significant. While home prices for lower priced homes are going up at...
by luxretail | Jul 18, 2016 | Home Buying
Getting a mortgage is exciting, but it can be pretty stressful, too. After all, a mortgage is likely the largest financial transaction you’ll make in your lifetime, so for most borrowers, the pressure’s high to get everything right. In order to alleviate some of that...
