Use this category so the post shows up on the home page carousel.
My two favorite Napoleons right here, both have great wisdom, but one of these is more applicable to us both. Yesterday I spoke with two clients that called in with a couple of different ideas that they wanted to do with real estate. They wanted to do two totally separate concepts, and wanted some input. …
You’ve often heard me say that big wholesale mortgage banks often fight. Apparently, a few mortgage brawlers actually did resort to fisticuffs in a conference on the East Coast. Not sure how heavily alcohol is involved, but if someone told me it influenced the situation, it wouldn’t surprise me. The melee “included people shouting, throwing …
Read more “When I said mortgage banks are fighting, I didn’t mean like this…”
In October 2021, the loan limits were increased from $548,250 to $625,000. But wait! There’s more… We were just hit with a surprise announcement that conventional loan limits were pushed even higher! The new limit for single-family homes will be $647,200 for most counties in Utah. Wasatch and Summit counties have higher loan limits at …
We can’t predict the future, and I never try to. But we stay on top of trends and latest headlines to better inform our clients and readers. I ran across an article on CNBC.com that summarized the Fed’s outlook for this coming year. Long story short: higher interest rates are likely headed our way in …
How did a recent client RAISE their home loan balance by 30k, yet SAVE 45k in scheduled loan interest on her mortgage alone? I know it sounds too good to be true, but when Sarah(name changed), saw the results of her personal Cash-Out Strategy analysis, she shouted “That’s a total NO-BRAINER!” While (almost) jumping out …
IRA is not a retirement vehicle.
In our 20 years’ experience helping Utahn’s with their mortgages, here are 7 reasons homeowners use home equity: 1) Consolidate or restructure debt. Even if cash flow is fine, re-arranging debts using home equity and lower rates can be smart. 2) Create a dream home by expanding or upgrading current house. 3) Bolstering self-reliance by expanding an …