In the exciting mortgage industry, changes are always happening, and keeping up with the latest developments is crucial to staying ahead of the game. We are approaching the end of 2023, and interest rates and mortgage products are constantly evolving.…
Refinancing for a divorce buyout or equity buyout is a financial transaction that occurs when one spouse wishes to keep the family home after a divorce and needs to purchase the other spouse’s share. Many divorces involve the couple owning…
The divorce process has a lot of twists and turns, and one crucial element that deserves careful consideration during the process is the fate of the joint mortgage you share with your spouse. Even though refinancing your home before, during,…
When it comes to applying for a mortgage loan, you must ask your mortgage lender the right questions. At this stage of the process, it is of the utmost importance that you gather all this information and gain a deeper…
Multiple factors drive the real estate market, with mortgage interest rates playing a key role. Recent trends have seen mortgage interest rates rise. The industry has felt a profound impact. Here, we explore how rising mortgage interest rates impact different…
The demand for a Home Equity Line of Credit (HELOC) has grown significantly in the last two years. According to CoreLogic, in 2022, the number of HELOC activities increased to its highest level since 2007.[1] Creditworthy homeowners are using HELOCs…
