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What’s Ahead For Mortgage Rates This Week -March 17th, 2020

March 17, 2020 by Kay Monigold

Last week's scheduled economic reports included readings on inflation and consumer sentiment. Weekly readings on mortgage rates and new jobless claims were also released.

Filed Under: Financial Reports Tagged With: Financial Reports, Inflation, Mortgage Rates

How To Finally Become A Real Estate Investor This Year

March 13, 2020 by Kay Monigold

Investing in real estate remains one of the best ways to accumulate wealth in America. There are six ways to get started in real estate investing. One way does not require any investment capital, just an investment of your time. Ways to get started include investing in a REIT, buying an incoming-producing property, using a buy-and-hold strategy, flipping houses, crowdfunding, and wholesale deals.

Filed Under: Real Estate Tagged With: Market Trends, Real Estate, Real Estate Investment

The Long-Term Toll Of College Costs

March 12, 2020 by Kay Monigold

Taking out enormous student loans to get a college degree may be a terrible idea for some. The burden of paying off this debt can make it far more challenging to do other important things like buying a home.

Filed Under: Mortgage Tagged With: Debt Management, Financing Options, Mortgage

Wealthy Seniors Can Benefit From Jumbo Products

March 11, 2020 by Kay Monigold

Individuals who own their homes with a considerable amount of equity should consider looking into proprietary jumbo reverse mortgages. These can be helpful tools that may allow seniors to either pay down an existing mortgage or fund their retirement.

Filed Under: Mortgage Tagged With: Financing Options, Market Trends, Mortgage

5 Benefits of Using A Real Estate Agent When Buying Or Selling A Home

March 10, 2020 by Kay Monigold

It may come as a surprise for some people to learn that not everyone uses a real estate agent when buying or selling a home. Whenever someone is looking to move, it is critical to rely on the experience of a real estate agent. There are a few benefits that everyone should keep in mind.

Filed Under: Real Estate Tagged With: Home Selling Tips, Real Estate, Real Estate Agent

What’s Ahead For Mortgage Rates This Week -March 9th, 2020

March 9, 2020 by Kay Monigold

Home mortgage rates slipped to their lowest rates on record as uncertainty over the coronavirus continued to impact financial markets. Freddie Mac reported lower average mortgage rates for fixed and adjustable-rate mortgages.

Filed Under: Financial Reports Tagged With: Financial Reports, Interest Rates, Mortgage Rates

Coping With Relationships During The Moving Process

March 6, 2020 by Kay Monigold

Heading to a new place can be an exciting time; however, this is going to have an impact on someone's relationships with family members and friends. The idea of relocation can be stressful for these emotional attachments. This can cause some hesitation as individuals and families adjust to living in a new place.

Filed Under: Real Estate Tagged With: Home Purchase, Real Estate, Relocation

Most Renters Are Paying Far More Than Their Landlord’s Mortgage

March 5, 2020 by Kay Monigold

In the overwhelming majority of the 50 largest cities across the U.S., monthly rent is more than the mortgage payment for single-family homes. In several cases, much more.

Filed Under: Mortgage Tagged With: Market Conditions, Mortgage, Rental Property

5 Essential Questions Real Estate Investors Should Ask Before Making An Offer

March 4, 2020 by Kay Monigold

Real investing is not only a great way to diversify assets but can also be used to generate both income and capital appreciation. While this is a fantastic opportunity, it is also important to choose investment projects carefully. It is critical to ask the right questions before making an offer on an investment property.

Filed Under: Real Estate Tagged With: Investment Property, Market Trends, Real Estate

How To Keep Records For Your Real Estate Business

March 3, 2020 by Kay Monigold

Anyone who is looking to build a successful real estate business needs to keep meticulous records. When buying and selling property, there are a lot of tax and legal responsibilities. While some people may not want to think about this issue, the IRS may audit a real estate business. In this case, it is critical to have documentation that demonstrates proof of income as well as any credits or deductions that might have been claimed.

Filed Under: Real Estate Tagged With: Real Estate, Real Estate Business, Record Keeping

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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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