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Tankless Water Heaters: The Pros and Cons of Going Tankless In Your Home

January 9, 2015 by Kay Monigold

Large water heaters are unsightly appliances that home-sellers would rather hide. Although it's not always possible to banish these structures, it is possible to replace them with a version that is not as overbearing.

Filed Under: Around The Home Tagged With: Around The Home, Home Maintenance, Upgrades and Renovations

FOMC Minutes: Low Inflation Rates Won’t Delay Rate Hikes

January 8, 2015 by Kay Monigold

The minutes of the Fed’s Federal Open Market Committee (FOMC) indicate that Fed policymakers aren’t concerned about low inflation rates as an obstacle to raising the target federal funds rate.

Filed Under: Market Outlook Tagged With: FOMC, Market Outlook, The Federal Reserve

It’s 2015! Get a Jump on Your Payments with Our Quick Guide to Paying Your Mortgage off Sooner

January 7, 2015 by Kay Monigold

With the start of the New Year, it's common to set new resolutions. While there are many goals that are worthwhile, paying off your mortgage as soon as possible can significantly improve your financial position and is a great goal to aim for.

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

FICO Scores: How Does Your FICO Score Impact Your Mortgage? Let’s Take a Look

January 6, 2015 by Kay Monigold

Most people have heard the term FICO score, but some remain confused as to what it actually is and if it affects them when they try to obtain a mortgage. A few questions can be answered to help people understand how it can affect the amount of interest you pay on your loan.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgages, Mortgages and Credit

What’s Ahead For Mortgage Rates This Week – January 5, 2015

January 5, 2015 by Kay Monigold

Case-Shiller reported that home prices hit their lowest pace in two years. According to the Case-Shiller 20-City Home Price Index for October, home prices fell in 10 cities, rose in eight cities and were unchanged in two cities. In other news, pending home sales increased and weekly jobless claims rose.

Filed Under: Market Outlook Tagged With: Case Shiller, Market Outlook, National Assoication of Realtors

Let There Be Light! 3 Easy Ways to Make over a Room by Adding New Light Fixtures

January 2, 2015 by Kay Monigold

Light is an important design element that can be used to influence your interior decor in a number of ways. In fact, you can experience a major transformative change on the overall style and ambiance of a room by making a few simple lighting changes.

Filed Under: Around The Home Tagged With: Around The Home, Home Maintenance, Upgrades and Renovations

Looking for Luxury? How to Upsize Your Next Home Without Upsizing Your Costs

December 31, 2014 by Kay Monigold

Size matters when you are buying a new home. Whether you plan to expand your family, need more room for your stuff, or are concerned with resale value, you want to get the most space for your money.

Filed Under: Home Buyer Tips Tagged With: Buying a Home, Home Buyer Tips, Real Estate Investing

You Ask, We Answer: What is Private Mortgage Insurance or ‘PMI’ and How Does It Work?

December 30, 2014 by Kay Monigold

For many homeowners, their mortgage payment contains more than just principal and interest. A little something called PMI could be representing a significant portion of that payment, and it's important for home buyers to understand this cost.

Filed Under: Home Mortgage Tips Tagged With: Home Mortgage Tips, Mortgage Insurance, Mortgages

What’s Ahead For Mortgage Rates This Week – December 29, 2014

December 29, 2014 by Kay Monigold

Last week’s economic news included several housing related reports. Housing markets continue to cool as November reports on existing and new home sales fell below expectations. New Jobless claims were lower than expected by 10,000 claims.

Filed Under: Market Outlook Tagged With: Case Shiller, FHFA, Market Outlook

Existing Home Sales Dip to Lowest Level since May

December 24, 2014 by Kay Monigold

Sales of existing homes dropped to a seasonally-adjusted annual rate of 4.93 million as compared to expectations of a 5.18 million existing homes sold. Projections were based on October's reading of 5.25 million.

Filed Under: Market Outlook Tagged With: Existing Home Sales, FHFA, National Association of REALTORS

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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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