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Are you a mortgage expert…or a novice? Take our home loan quiz and find out!
Have you owned a home for a long time? Have you taken out several mortgage loans in your lifetime, and even refinanced once or twice? Do you make a mortgage payment every month now? While that may describe the typical American family, there is still a general lack of knowledge when it comes to home […]
The current state of Realtor marketing – stats and facts to help you make it a great 2018!
According to recent data, there are 2 million real estate licenses issued throughout the United States. Of course, not all of those licensees may be actively selling real estate, but no matter how you slice it, that’s a lot of home sales professional – In fact, there were roughly 5.5 million residential home sales in […]
Jeff Compton’s top 10 mortgage blog posts of 2017.
2017 was an interesting and dynamic year for the mortgage markets, with interest rates staying near historical lows despite movement by the Fed, the return of 1% down and other loans that made it easier to buy, and a surge in equity for homeowners once again. However, there is still work to be done, as […]
Property Taxes: the good, the bad, and the expensive
Ask any homeowner, and “property taxes” are two of the most hated words in the English language. But taxing citizens based on their home values is also essential since states and even municipalities use the money to pave roads, build schools, hire teachers, police, and firefighters, and fund just about every other project. In fact, […]
Don’t fear the Fed – Here are 10 ways a rate increase is actually positive news
This week, the Federal Reserve is in the news with a shakeup that may usurp current Chairwoman Janet Yellen as agency head. But that’s not the only headline about the Federal Reserve, the central bank in the U.S. that dictates so much about the ebb and flow about our economy, as rate increases are once […]
Historically low interest rates? We go all the way back to the start of civilization to find out
You’ll often hear the term “Historically-low interest rates” tossed around in news reports, real estate advertisements, and yes, even mortgage blogs. But the supposed historical data on mortgage interest rates usually doesn’t go back any further than the early 1970s, and sometimes only to the 1990s. How is that ‘historical?’ So we decided to buck […]