Did you know that Americans’ credit card debt is once again at all-time highs? During the pandemic, American households received all sorts of free money from the government which many used to pay …
DID YOU KNOW?
Did you know that in 2023, over 12% of all mortgage applicants nationwide were denied? That’s right! According to findings published by the Consumer Financial Protection Bureau and the …
Do You Know?
Do you know about the NAR settlement and how it may affect buyers and sellers going forward? On March 15, 2024, the National Association of Realtors (NAR) announced a nationwide settlement, …
Higher Mortgage Rates, Yet LOWER PAYMENTS?? One Must Look At The Full Picture.
These days, mortgage rates are significantly higher than the two and three percent rates we saw only a few years ago. While these higher rates are not preventing buyers from purchasing homes, it’s …
The Schemes the Big Box Banks are Using to Attract Borrowers.
I recently had a conversation with a Realtor I know. He told me about the tactics some of the banks were using to market to his borrowers. “They sound really good!” he told me. “Can you offer these …
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DID YOU KNOW??
New Credit Score Formulas Were Recently Approved For Use By the Mortgage Industry! For the past 20 years, Fannie Mae, Freddie Mac, and FHA have used the Classic FICO credit score model delivered by …
