The Fed promised, and they delivered. At their most recent meeting, the Fed moved policy rates up by 0.5%, just as they've been saying. Because it was expected, interest rates had moved in advance, including those for home mortgage loans. For the time being mortgage rates eased but they...
Author: Eric
Real Estate Investing – Leveraging Your Equity
Using equity in your home to invest in real estate rental properties is a great way to build generational wealth
Pros and Cons of Investment Properties
Real estate is often considered a smart long-term investment. There are many pros and cons to this type of investment. Before you make the leap into owning rental properties you should have a goal in mind. Are you planning on financing your kids’ education, do you want to use the...
Preparing for your mortgage application
Save yourself some time.One thing you can do now to prepare for the day you're ready to make an offer on a home is plan for the accounts, documentation and resources you'll need when you file a mortgage loan application.Below, I’ve spelled out some actions you can take now and...
Choosing the right mortgage.
There are a variety of mortgage choices available to you and the option you choose should be the one that best fits your needs and your financial situation. Competition among lenders is good for you as a borrower. It is wise to shop around and not limit yourself to a...
Buying Vs Renting
Buying versus Renting: You need to determine what will make you the happiest and what makes the most financial sense. I have seen it asked many times on Quora whether someone should continue renting or if they should buy a home. It is certainly a sign of the times that buying a...