What Are the 4 C’s of Mortgage Lending?
Question: What are the 4 C's lenders use to qualify borrowers' for a mortgage? Answer: When applying for a mortgage, lenders evaluate your financial profile using the "4 Cs": Credit, Capacity, Capital, and Collateral. [...]
Outdoor Living Spaces — Creating Multifunctional Backyard Retreats
Want to get more out of your backyard? With a few multifunctional upgrades, you can. Here's how to create a comfortable retreat you'll actually use: Section your yard into zones: Assign different zones to [...]
Buying a Home in a Planned Community — Benefits, Restrictions, and Lifestyle Considerations
Planned communities have been steadily increasing in popularity among homeowners, and for good reason. These neighborhoods come with impressive modern conveniences and amenities that would tempt just about anyone. After all, who doesn't want [...]
The Federal Reserve lowered interest rates by 25 basis points
The Federal Reserve lowered interest rates for the second consecutive meeting on Wednesday, cutting the federal funds rate by a quarter percentage point to a new target range of 3.75% to 4.00%. [...]
Fall Housing Market: Rising Inventory, Potential Rate Cuts, and Key Economic Data
With summer fading into fall, there are several key factors to watch that could impact the housing industry insofar as economic data, the Federal Reserve meeting, along with overall housing market activity. Treasury yields [...]
Buying a Home Near Water: What You Need To Know
Buying a Home Near Water: What You Need To Know Lake, river, and oceanside properties are all in high demand, and it's no wonder why. Plenty of people daydream about waking up to waterfront [...]