Can You Refinance an Adjustable-Rate Mortgage?
If you have an adjustable-rate mortgage you’re looking to get out of, the good news is it’s usually as simple as applying for a refinance.… Read More »Can You Refinance an Adjustable-Rate Mortgage?
Treasury Secretary Bessent Becomes Acting Director of CFPB: How Will It Affect Mortgages?
The Consumer Financial Protection Bureau (CFPB) has a new acting director, none other than Treasury Secretary Scott Bessent. The news was announced today after the… Read More »Treasury Secretary Bessent Becomes Acting Director of CFPB: How Will It Affect Mortgages?
Housing Inventory Expected to Normalize by Mid-2026
It’s no secret for-sale inventory has been in short supply for a long time now, making it increasingly difficult to find your dream home. The… Read More »Housing Inventory Expected to Normalize by Mid-2026
Home Builders Urge Trump to Rethink Tariffs That Could Drive Home Prices Up Further
If you haven’t heard, the Trump administration imposed tariffs on imports from Mexico, Canada, and China today. As of February 1st, there is a 25%… Read More »Home Builders Urge Trump to Rethink Tariffs That Could Drive Home Prices Up Further
Mortgage Rates vs. Tariffs: What’s the Impact?
I knew I was going to have to write this post at some point during Trump’s second term. And here we are, only 10 days… Read More »Mortgage Rates vs. Tariffs: What’s the Impact?
Non-Mortgage Housing Costs Nearly Exceed the Mortgage Itself
If you’re an existing homeowner who purchased your property as recently as 2022, you probably have a really low, fixed mortgage rate. Perhaps something that… Read More »Non-Mortgage Housing Costs Nearly Exceed the Mortgage Itself
What Is a Cash-In Refinance? Lower Your Loan Balance and Your Mortgage Rate
If you’re currently the proud owner of a mortgage, you’ve undoubtedly heard of a cash-out refinance, one that allows you to tap into your home… Read More »What Is a Cash-In Refinance? Lower Your Loan Balance and Your Mortgage Rate
What Happens If the Appraisal Comes In Low?
With home prices dare I say a little frothy these days, low appraisals are becoming a concern again for home buyers. It wasn’t uncommon for… Read More »What Happens If the Appraisal Comes In Low?
Down Payment Assistance Programs May Be Affected by Federal Funding Pause
While it appears that Trump’s funding freeze won’t affect home buyers who use a government-backed mortgage, there’s now another concern. It came to my attention… Read More »Down Payment Assistance Programs May Be Affected by Federal Funding Pause
Trump’s Funding Freeze Causes Uncertainty for Government-Backed Mortgages
Yesterday, President Trump released a memo calling for the temporary pause of grants, loans, and other financial assistance programs. The executive order was intended to… Read More »Trump’s Funding Freeze Causes Uncertainty for Government-Backed Mortgages