MY BLOG
Are mortgage rates expected to drop in 2025?
Are mortgage rates expected to drop in 2025? Yes, mortgage rates are expected to decline modestly in 2025. Economic forecasts suggest that rates may trend downward to around 5.9% to 6.2% for a 30-year fixed mortgage by the end of the year, down from the current levels...
Whats is disclosures when you buy a home?
Whats is disclosures when you buy a home? Disclosures when you buy a home refer to the legal requirement for home sellers to provide potential buyers with information about the property's condition, history, and other relevant details that may impact the buyer's...
7 Tips for Buying Your Very First Investment House
7 Tips for Buying Your Very First Investment House: If you're considering buying your very first investment house, here are some tips to help you get started: Determine your investment strategy: Before you begin your search, it's important to determine what your...
1- What happens to your mortgage when you die?
1- What happens to your mortgage when you die? When a person with a mortgage dies, the mortgage does not automatically disappear. Instead, it becomes a debt that must be paid off. If the person who died had a co-borrower or co-signer on the mortgage, that person would...
Fix and flip houses is a popular investment
Fix and flip houses is a popular investment strategy in the real estate industry. Here are some benefits to consider: Potential for Profit: The primary benefit of fix and flip houses is the potential for profit. By purchasing a property below market value, making...
10 Tips for First-Time Home Buyers
10 Tips for First-Time Home Buyers. Like many businesses, the real estate market took quite a hit at the beginning of the COVID-19 pandemic. However, the market is finally rising once again. In fact, many first-time buyers are looking to purchase new homes. ...
Buying a house: A down payment of less than 20% will add PMI
Buying a house: A down payment of less than 20% will add PMI. Down payments & PMI: Typically, buyers put down 5 to 20% of the purchase price but this can be as little as 3%. Buyers putting down less than 20% are required to pay Private Mortgage Insurance (PMI)...