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Category: Purchasing a Home

20% Down Payment vs. Mortgage Insurance

Weighing Your Options: 20% Down Payment vs. Mortgage Insurance

20% Down Payment vs. Mortgage Insurance? In the intricate dance of real estate, prospective homebuyers often find themselves at a crossroads, faced with the pivotal decision of how much to
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cash-out refinance loan

Funding Home Renovations with a Cash-Out Refinance Loan

Your home is more than just bricks and mortar; it’s the canvas on which your life unfolds. It’s where you create memories, express your unique style, and find solace. When
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Federal Reserve's Role

The Federal Reserve’s Role in Shaping Mortgage Rates

What is the Federal Reserve’s role in shaping Mortgage rates? In the dynamic world of the American economy, one institution holds the reins, steering the course—the Federal Reserve, affectionately known
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Mortgage Application Rejection

Bouncing Back Stronger: Overcoming Mortgage Application Rejection

In the relentless pursuit of homeownership, we inevitably face obstacles. A denied mortgage application can be a tough pill to swallow, but let’s not forget it’s merely a temporary detour
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Homebuyer Mistakes

Avoiding Common Homebuyer Mistakes in a Seller’s Market

We’ve been in a seller’s market for a while now; the pandemic stirred up massive demand for more residential space, and the supply of homes has not been able to
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Refinancing Your Mortgage

Unlocking Financial Freedom: A Guide to Refinancing Your Mortgage

After a steady climb over the past year, as of December 2023 mortgage interest rates have mercifully dipped almost a full percentage point from their peak. It may be a
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House-Hacking

The Rise of House-Hacking Among Millennials and Gen Z

Amidst escalating home prices and rising interest rates, a notable trend is gaining traction among Gen Z and millennial homebuyers: “house hacking.” This innovative strategy involves renting out a part
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Vacation Home Loan

Getting an Appraisal for Your Vacation Home Loan

Imagine this: you’ve stumbled upon your dream vacation home, a serene beachfront oasis or a cozy mountain cabin where you can escape the hustle and bustle. You’re one step closer
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Tax Benefits of Homeownership

What Are the Tax Benefits of Homeownership?

Today, we’re about to embark on a journey that delves into the intricate world of financial wisdom concealed within the very walls of your home.  We’ll unravel the hidden tax
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5/1 and 7/1 ARM

Choosing Between a 5/1 and 7/1 ARM?

With 30-year mortgage rates now topping 20-year highs, borrowers are looking to alternative loan options to save money on home loans. Adjustable rate mortgages (ARMs) are becoming more popular as
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