Home Equity Loans and HELOCs: Which One is Best for You?
In times past, homeowners could refinance their home mortgage loan in order to gain access to cash needed for expenses such as vacations, renovations, college, medical bills, or debt consolidation. This move put extra money in a homeowner’s pocket while lowering the interest rate on the home mortgage loan. Unfortunately, rising interest rates have made […]
What’s an FHA Mortgage Lender, and How Can I Find the Best One?
An FHA mortgage loan is insured by the Federal government. If the borrower defaults on the loan, the U.S. Department of Housing and Urban Development (HUD) will pay the lender and take possession of the property. This means lenders don’t have to worry about being stuck with real estate that may sell at a loss. Thus, they […]
How to Use Your Mortgage Loan to Grow Wealth and Save Money
Taking out a mortgage loan to buy a home can provide a person with more than a place to live. It can be a financial asset to enable an individual to earn extra money. Additionally, it can help a person save money on other expenses. If you’re looking for a way to turn your mortgage […]
Los Angeles Real Estate Market: Predicting the Rest of 2023 in Housing
Selling or buying a home at the right time can make a ton of difference in an era with a volatile real estate market, and no other market in the nation keeps industry watchers guessing as much as Los Angeles and Southern California. From the stratospheric rise in values during the COVID-19 pandemic to the […]