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Real Estate
Mortgage Rates
Mortgage Update: Rates Rebound as Strong Retail Sales Offset CPI Gains
After dropping significantly last week, mortgage rates rose due to stability in the stock and bond markets. Yesterday, mortgage rates improved because of the July CPI (inflation) report indicating a […]
By
Shmuel Alpert
| 1 year ago
Can You Afford a Home? A Step-by-Step Guide Based on Dave Ramsey’s Principles
Please note this article is for educational purposes only, and your financial advisor should be consulted before purchasing a home. How much home can you afford? In this article, we’re […]
By
Shmuel Alpert
| 1 year ago
Real Estate Tips
How To Buy A Home Without Showing Income
DSCR Loan: This loan type evaluates the property’s income instead of your personal income.Usage: Perfect for real estate investors acquiring rental or commercial properties.Calculation: DSCR = Net Operating Income / […]
By
Yaakov Tannenbaum
| 1 year ago
Mortgage Rates
Mortgage Update: Mortgage Rates Drop to Lowest Since April 2023
Mortgage Update 8/5/2024 As of Friday, the national average 30-year fixed mortgage rate was at the lowest level of 2024. An additional drop this morning brought that number to the […]
By
Shmuel Alpert
| 1 year ago
The Key to a Smooth Home Purchase: Start With A Mortgage Pre-Approval
The First Step to Buying a House: Get Pre-Approved! Alright, so you’re thinking about buying a house. That’s awesome! But before you reach out to a real estate agent and […]
By
Shmuel Alpert
| 1 year ago
Mortgage Rates
Mortgage Update: Home Sales Decline, Affordability Worsens, and Home Prices Drop
Existing home sales fell by 5.4% in June, marking the fourth consecutive monthly decrease and the steepest drop since November 2022. Meanwhile, the portion of income spent on mortgage payments […]
By
Editor
| 1 year ago
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