#buying

What is a Buydown for a Mortgage?

As a buyer and seller there are several options one can do to either purchase the property you want or in the seller's case, get your property sold.  One of those options is doing a buydown.  Just what is that?  Below is an explanation from one of my lenders. 2-1 Buydown Explained A 2-1 Buydown is a financing strategy that temporarily lowers the interest rate on a mortgage for the first two years...

Down Payment

Are you ready to plant strong roots in your future home? Making a larger down payment not only reduces your monthly mortgage but help you build equity from day one. It’s a win-win! Whether you’re ready to buy now or just exploring your options I’m here to guide you through every step. Let’s chat and find the best strategy for your homeownership...

Multi-Generational Homes

17% of homes bought last year were multi-generational households, the highest percentage since the NAR started tracking it in 2013. Whether driven by housing availability, economic strains, caregiving logistics, the data is clear: more families are choosing to live together. If you’re looking to buy a home this year, send me a message and let’s find you the best fit for your...

Fixed-rage Mortgages

The tamer December CPI was a massive relief for the bond and stock market. The yield on the 10-year US Treasury Bond dropped from 4.8% to 4.6% (a huge move in that market) and average 30-year mortgage rates declined from 7.25% to around 7.01%. That said, the market still overwhelmingly expects NO CUT at the Federal Reserve’s Jan 29th meeting. This doesn’t mean it isn’t the right time for you to...