What is an interest-only mortgage?

The following article is a summary of content from the book, “Realtor for Life,” written by Duane Duggan. The 30-year fully amortized loan has been the mainstay of real estate financing in the U.S. for decades, yet market conditions often bring about different types...
Who are millennial home buyers?

Who are millennial home buyers?

Early reports by the Pew Research Center, cited millennials (81 million of them) as those individuals born in 1981 and later, up until today. Other researchers capped the era at those born between 1981 or 1982 and 1994 or 1995, which would put the youngest millennials...

Millennials buying up a storm

Here come the millennial home buyers. Finally. For the past decade, since the Great Recession forced so many Americans to put their lives on hold, the world of real estate has been praying for the arrival of millennials on the home buying scene, to begin buying,...

FHA refinancing tips

FHA mortgages work a bit differently than conventional loans. Understanding the differences can help you save money during the refinance process. If you have an FHA loan, keep these tips in mind. Saving on Mortgage Insurance premiums FHA mortgages include an up-front...
Home showing etiquette 101

Home showing etiquette 101

The busy spring market means lots of showings at lots of properties. This is a stressful time for sellers as they welcome strangers into their homes, all while they are not even present! For home buyers, it is important to abide by certain home showing etiquette...