All posts by George Duarte

Baby on the Way? Helpful Advice for Managing a Mortgage With Only One Parent Working

If you’re dealing with paying off your mortgage and going down to a one-income family, it can be complicated to determine how to financially swing it. While managing a mortgage on just one salary can be a challenge, there are a few simple things you can do to make it work.

Getting Your Mortgage Application Approved As A Self-Employed, First-Time Homebuyer

A significant number of people are self-employed, which means they might be relying on this income to apply for a mortgage. It is true that people who are self-employed may face additional challenges when trying to get approved for a home loan when compared to someone with traditional W2 income, these are obstacles that can be overcome. With the right qualifications and documentation, even first-time homebuyers who are self-employed should be able to qualify for the home loan they need.

The Top Benefits Of Having Mortgage Debt

The vast majority of people need to take out a loan to purchase a home. While there are many forms of debt that people would rather avoid, some types of debt can actually be positive. This includes mortgage debt. What are a few of the top benefits of having mortgage debt?

What’s Ahead For Mortgage Rates This Week – October 4, 2021

Last week’s economic reporting included readings from S&P Case Shiller Home Price Indices, the National Association of Realtors(R)’ report on pending home sales, and the University of Michigan’s final consumer sentiment index for September. Weekly readings on mortgage rates and jobless claims were also released.

Understanding the Reverse Mortgage and How to Best Use This Unique Financial Tool

If you’ve studied the real estate market recently, you’ve probably heard about the reverse mortgage. This unique tool is a financial arrangement designed for senior citizens who have limited incomes and want to use the equity in their homes to meet their everyday expenses. And although it’s becoming increasingly popular, few homeowners truly understand it.

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