š Home Prices Continue to Climb According to the latestĀ Home Price IndexĀ from theĀ Federal Housing Finance Agency (FHFA),Ā home prices have risen 4.3% year-over-year from Q3 2023 to Q3 2024. Nationally, home prices haveĀ increased every quarter since 2012, and an...
Should You Consolidate Your Debt? If youāre juggling multiple loans or credit card balances, you may be considering a debt consolidation loan. This type of loan combines several debts into one, usually through a mortgage refinance, home equity loan, or line of credit....
What Is a Refinance? A refinance is when you replace your current home loan with a new oneāsimilar to trading in a car for a newer model. The new loan pays off the old loan, and you start fresh with updated terms. There are two main types of refinancing: Rate-and-Term...
š Why Payment History Is So Important Your credit score tells lenders how trustworthy you are with money. Out of all the things that impact your score, payment history is the biggest piece ā a full 35%! That means even just one late payment can lower your score,...
š” What Is Mortgage Planning? Mortgage planning is more than just getting a home loan. It’s about making smart choices with your mortgage, debt, and cash flow that help you reach your financial goals. As a Certified Mortgage Planning Specialist, my job is to...
