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What Really Happens If You Miss a Mortgage Payment

December 12, 2025 by Kay Monigold

Missing a mortgage payment can feel scary, especially when you are working hard to manage your finances and stay on track. Life happens, and sometimes unexpected situations make it difficult to pay on time. The good news is that one missed payment does not mean you will lose your home. Understanding what happens behind the scenes, what lenders look for, and how quickly you should take action can help you stay calm, fix the issue, and protect your credit.

Filed Under: Mortgage Tagged With: Homeowners, Mortgage Help, Mortgage Tips

Mortgage Planning for Long-Distance Relationships Becoming Local

December 11, 2025 by Kay Monigold

When two people in a long-distance relationship decide to finally live in the same city, the excitement is huge, and so are the financial decisions that come with it. Moving from long-distance to local often means navigating new jobs, new routines, and possibly a new home purchase.

Filed Under: Mortgage Tips Tagged With: Long-Distance Relationships, Mortgage Planning, Mortgage Tips

How to Avoid Overpaying for Homeowners Insurance with Your Mortgage

December 10, 2025 by Kay Monigold

When you buy a home with a mortgage, homeowners' insurance is not optional, it is required. Lenders need to know the property is protected, and you need the peace of mind that comes with knowing your largest investment is covered. The challenge is that many homebuyers end up paying too much for their policy without even realizing it. With a little preparation, you can avoid overpaying and make sure your insurance matches your true needs rather than one size that fits all approach.

Filed Under: Mortgage Tips Tagged With: Home Buyers, Mortgage Tips, New Homeowners

What Are the Pros and Cons of No Deposit Mortgage Loans

December 9, 2025 by Kay Monigold

No deposit mortgage loans can sound appealing to buyers who want to purchase a home without spending years saving for a down payment. While these loans offer clear advantages, they also come with risks and responsibilities that every buyer should consider before moving forward.

Filed Under: Mortgage Tips Tagged With: First Time Buyer, Home Buyers, Mortgages

What’s Ahead For Mortgage Rates This Week – December 8th, 2025

December 8, 2025 by Kay Monigold

The PCE Index reports have come in--albeit delayed--and show inflation numbers that fell within expectations. The data also indicates that inflation has not worsened since before the government shutdown. It is widely believed that the Federal Reserve will likely cut rates once more.

Filed Under: Financial Reports Tagged With: Financial Report, Jobless Claims, Mortgage Rates

You Ask, We Answer: How to Choose Between Expanding Your Current Home and Buying a New One

December 5, 2025 by Kay Monigold

Does your home feel like it's starting to burst at the seams? Many homeowners across the country can relate to this feeling having bought a home only to run out of space due to a growing family or for other reasons. Let's take a quick look at a few questions that will help you to determine whether buying a new home or expanding your current home is the best choice when you're in need of some extra space.

Filed Under: Mortgage Tips Tagged With: Mortgage Planning, Mortgages, Refinancing

Understanding Why You Don’t Need to Pay Off Your Mortgage Early

December 4, 2025 by Kay Monigold

Many homeowners feel pressure to pay off their mortgage as quickly as possible but faster is not always better. In many real-life situations, directing your money toward other financial steps can offer more growth, more protection, and more flexibility. Understanding when early payoff is helpful and when it is not can give you greater confidence in your long-term plan.

Filed Under: Mortgage Tips Tagged With: Homeowners, Mortgage Tips, Mortgages

Start the New Year with Strong Finances

December 3, 2025 by Kay Monigold

The end of the year is the perfect time to review your finances and make smart moves that set you up for success. A few focused steps can strengthen your budget, improve your credit, and prepare you for major goals in the coming year.

Filed Under: Mortgage Tagged With: Financial Tips, Mortgage Advisor, New Year Prep

When and How to Save Money by Refinancing Your Mortgage

December 2, 2025 by Kay Monigold

Refinancing can be a smart way to lower your monthly payment, reduce your interest rate, or tap into equity for financial goals. Many homeowners wait too long to reconsider their loan, but the right timing can put real money back into your pocket. Understanding when to refinance and how the process works helps you make a confident decision.

Filed Under: Mortgage Tips Tagged With: Mortgage Planning, Mortgages, Refinancing

What’s Ahead For Mortgage Rates This Week – December 1st, 2025

December 1, 2025 by Kay Monigold

Many of the reports scheduled for release last week were delayed yet again, including the anticipated unemployment data. There is an expectation that they will be released next week. The only on-time release was the third-party Consumer Sentiment report from the University of Michigan, which aligned with expectations and generally indicated that consumers remain dissatisfied with the current state of things, citing high prices and consistently weakening incomes.

Filed Under: Financial Reports Tagged With: Financial Report, Jobless Claims, Mortgage Rates

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Our Team

Kay MonigoldKay Monigold
Owner/Mortgage Broker/Residential Mortgage Loan Originator
NMLS#1086176

Steven LoweSteven P Lowe, Sr
Residential Mortgage Loan Originator
NMLS #1085638

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