Category: Reverse Mortgage

Case Studies / financial matters / Financing / financing/lending / Interest Rates / loan modification / mortgage / Reverse Mortgage / Second Mortgage / Team Reba

· by · 2 Jun, 2022

Why Home Loans Today Aren’t What They Were in the Past

In today’s housing market, many are beginning to wonder if we’re returning to the riskier lending habits and borrowing options that led to the housing crash 15 years ago. Let’s ease those concerns. Several times a year, the Mortgage Bankers Association (MBA) releases an index titled the Mortgage Credit Availability Index (MCAI). According to their website: “The...

agent advice / credit / financial matters / Financing / financing/lending / First Time Buyer / First-Time Homebuyer / For Buyers / Interest Rates / loan modification / Loans / mortgage / real estate / Reverse Mortgage / Second Mortgage / Team Reba / team reba tips

· by · 28 Apr, 2022

The Mortgage Process Doesn’t Have To Be Scary [INFOGRAPHIC]

Some Highlights Applying for a mortgage is a big step towards homeownership, but it doesn’t need to be one you fear. Here are some tips to help you prepare. Know your credit score and work to build strong credit. When you’re ready, lean on your agent to connect you with a lender so...

Case Studies / financial matters / Financing / financing/lending / Interest Rates / loan modification / Loans / mortgage / real estate / Reverse Mortgage / Second Mortgage

· by · 25 Apr, 2022

Where Are Mortgage Rates Headed?

There’s never been a truer statement regarding forecasting mortgage rates than the one offered last year by Mark Fleming, Chief Economist at First American: “You know, the fallacy of economic forecasting is: Don’t ever try and forecast interest rates and or, more specifically, if you’re a real estate economist mortgage rates, because you...

Case Studies / financial matters / Financing / First Time Buyer / First-Time Homebuyer / For Buyers / For Sellers / Freddie Mac / Interest Rates / mortgage / real estate / Reverse Mortgage / Second Mortgage / Team Reba / team reba tips

· by · 15 Apr, 2022

What’s Happening with Mortgage Rates, and Where Will They Go from Here?

Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter of a point from just a week ago. Here’s a visual to show how mortgage rate movement throughout...

Case Studies / Closing Costs / financial matters / Financing / financing/lending / First Time Buyer / For Buyers / For Sellers / Interest Rates / Loans / mortgage / Reverse Mortgage / Second Mortgage

· by · 13 Apr, 2022

What You Can Expect from the Spring Housing Market

As the spring housing market kicks off, you likely want to know what you can expect this season when it comes to buying or selling a house. While there are multiple factors causing some uncertainty, including the conflict overseas, rising inflation, and the first rate increase from the Federal Reserve in over three years — the housing market seems...

Agent / Case Studies / credit / financial matters / Financing / financing/lending / Interest Rates / loan modification / mortgage / Reverse Mortgage / Second Mortgage / Team Reba

· by · 10 Mar, 2022

The Top Indicator if You Want To Know Where Mortgage Rates Are Heading

Mortgage rates have increased significantly since the beginning of the year. Each Thursday, Freddie Mac releases its Primary Mortgage Market Survey. According to the latest survey, the average 30-year fixed-rate mortgage has risen from 3.22% at the start of the year to 3.55% as of last week. This is important to note because...

What exactly is a “Reverse Mortgage”? – KKOL 1300AM Tuesday’s 3-4pm 0

agent advice / appraisal / banks / buyer advice / Education / Financing / First Time Buyer / For Buyers / For Sellers / mortgage / real estate / refinance / Reverse Mortgage / seller advice / Team Reba

· by · 22 Aug, 2016

What exactly is a “Reverse Mortgage”? – KKOL 1300AM Tuesday’s 3-4pm

On last week’s show, our guest Blake Pavlich from Evolve Bank & Trust explains how reverse mortgages work, and what they can do for you. Also featured are current market stats, announcements in the bond market, and tips on raising your credit score. Listen to the show Tuesday’s at 3pm on...