MortgagesWhy Settling Your Mortgage Can Be A Misstep Amid an Inverted Yield CurveJeremyJuly 24, 2024 by JeremyJuly 24, 2024046 Let me break it down for you. Paying off your mortgage is usually a smart move, but not always. If the yield curve inverts –...
Mortgages**When the Fixed Term Ends, How High Can an Adjustable Rate Mortgage Soar?**JeremyJune 18, 2024 by JeremyJune 18, 2024062 An adjustable rate mortgage (ARM) is a type of home loan with an interest rate that can change after an initial fixed period. The main...
MortgagesTurn Financial Downturns into Windfalls: A Comprehensive Guide to Maximizing Home Equity – The HELOC EditionJeremyJune 10, 2024 by JeremyJune 10, 2024064 Buying a home isn’t just an investment, it’s a lifestyle choice. It’s about setting down roots in a place you love and building your life...
MortgagesNavigating the Challenges of Relationship Pricing in Mortgage RefinancingJeremyJune 4, 2024June 23, 2024 by JeremyJune 4, 2024June 23, 2024049 I recently tried to refinance my mortgage using relationship pricing, and boy, was it a headache! The idea is that by moving a bunch of...
MortgagesUnraveling the Toughest Mortgage Refinance Journey: Essential InsightsJeremyMay 27, 2024 by JeremyMay 27, 2024043 After a grueling four months and a week, I finally managed to refinance my home mortgage. It was a tough process, and with rates on...
Mortgages**Unlocking the Advantages: Why Recasting is a Superior Alternative to Refinancing Your Mortgage**JeremyMay 23, 2024June 23, 2024 by JeremyMay 23, 2024June 23, 2024033 Ever thought about recasting your mortgage instead of refinancing it? I hadn’t, even though I’ve refinanced several mortgages on various properties since 2005. I’m all...
MortgagesAre You Prepared for an Economic Downturn?JeremyMay 15, 2024 by JeremyMay 15, 2024026 Before the COVID-19 pandemic hit in 2020, I asked you all a question: If the economy went belly up, would you be prepared? What if...
MortgagesAvoid This Common Mortgage Refinancing Mistake That Could Prove ExpensiveJeremyMay 12, 2024 by JeremyMay 12, 2024033 In 2020 and 2021, there was a surge in mortgage refinancing due to record low rates. Borrowers with good credit could secure rates even lower...
Mortgages**Unmasking the Hidden Costs of a ‘No-Cost’ Mortgage Refinancing**JeremyMay 3, 2024June 23, 2024 by JeremyMay 3, 2024June 23, 2024038 You might think that a no-cost refinance means you won’t have to pay any mortgage refinance fees. But that’s not exactly true. These fees are...
MortgagesExploring the Limits: Uncovering the Maximum Hike in Your Adjustable Rate MortgageJeremyApril 29, 2024June 23, 2024 by JeremyApril 29, 2024June 23, 2024033 So, you’re worried about your adjustable rate mortgage (ARM) going up after the initial fixed rate period, right? Don’t sweat it! There’s a cap on...