Breaking the Cycle of Long-term Renting

A decade after the 2007 housing market crash, some metros are still struggling to recover to pre-crisis housing activity.  2016 marks the highest rental rate since 1965.  Home price appreciation is causing many renters to delay home ownership.  In most metros, only about 45% of renters could afford a median-priced Read More

What to Consider as a First-Time Homebuyer

Buying a home for the first time can be intimidating. Whether you’re fresh out of college or buying for the first time later in life, there are several things potential homeowners need to consider before making a purchase. Making a wrong decision when it comes to buying a home will not Read More

What to Expect From Rising Interest Rates

In December, the Federal Reserve raised the federal-funds lending rate by .25%, only the second increase in the past decade. The day the rate hike was announced I received several calls from journalists, all wanting to know what this means for the economy. My email inbox also started filling up Read More

What compensating factors help get buyers qualified outside of FICO scores?

Your FICO credit score is an important element of qualifying for a mortgage – but maybe less important than you think. While lenders traditionally look to a high credit score as in indicator of a responsible borrower, this has started changing in recent years. There are other factors that may qualify a person Read More

Why Non-Bank Lenders are the Future of Mortgages

Where is the US economy going? Who will win March Madness? Will it rain next week? There are hardly any topics on which we all collectively agree—which makes it exciting to report that we all seem to agree that non-bank lenders are the future of mortgages. In 2013, Bloomberg Business Read More

Spring Cleaning is Right Around the Corner

It’s February.  The New Year is well underway and we are already looking forward to Valentine’s Day.  A few weeks later, my birthday (shameless plug), and then the official first day of SPRING!  Spring Cleaning . . .  Out with the old and dusty in with the new and fresh.  Carry that a Read More