Avenue Mortgage, LLC

NMLS #1115220

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AVENUE MORTGAGE, LLC
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The Mortgage Options That Make It Possible to Buy a Fixer-Upper

August 19, 2025 by Kay Monigold

Buying a fixer-upper can be an exciting way to get into a desirable neighborhood at a lower price point, while also creating a home that reflects your style and needs. However, financing a property that needs significant repairs can be challenging if you are only looking at traditional mortgage products. The good news is there are several mortgage options designed specifically for buyers who are ready to take on a renovation project. Understanding these options can help you choose the right path to turn a home with potential into your dream property.

Filed Under: Mortgage Tips Tagged With: Fixer-Upper, Mortgage Options, Renovation Loans

What’s Ahead For Mortgage Rates This Week – August 18th, 2025

August 18, 2025 by Kay Monigold

This will be the first release of the CPI and PPI data wherein the data collected and used to determine the current inflation has been reduced. The Producer Price Index has shown quite clearly that there has been the biggest whole price jump in the last 3 years, showing that the administration's policies on tariffs are having an impact. The CPI has shown a similar increase in inflation, but still within expectations in lieu of the current tariff policies.

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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