Curious about what’s impacting mortgage rates? Check out my latest video!
Mortgage Market Update for the Week of March 11, 2024
Weekly Mortgage Market Update
This is “Jobs Week” with the big daddy being the BLS Jobs Report this Friday.
Stay tuned!
Home Improvement and Construction Loans
There are many options available for financing home improvements not to mention using cash or available funds.
What type of program is used may depend on the scope and amount of funds needed for the project. We can help you with everything from a home equity line of credit where you can do the work yourself or a full construction loan if you’re working with a vacant lot or a complete tear-down property. Larger projects may require a general contractor and/or to have the contractor approved by the lender.
Loans that do not require a general contractor are our home equity line of credit, stand-alone second mortgage or a cash-out refi. With the home equity loan of credit or second mortgage, you could keep your existing first mortgage (if there is one).
Here are some possible programs to consider: [Read more…]
Mortgage Market Update for the Week of February 26, 2024
Curious about what may impact mortgage rates this week? Check out my latest video!
How to Shop Mortgage Lenders
Here are some questions you should ask lenders before deciding who you are going to work with on your mortgage. The largest financial transaction of your life is far to important to place in the hands of someone who is not capable of advising you properly and troubleshooting issues that may arise along the way. [Read more…]
Mortgage Market Update for February 12, 2024
Check out my latest video to see what may impact the direction of mortgage interest rates this week.
If you’re considering buying a home, remodeling or refinancing, please contact me!
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