“Date the Rate, Marry the Home” – Why That Advice Could Hurt You By Ed Stojancevich, Co-Owner, SouthShore Region Mortgage Group You’ve probably heard it before – “Date the rate, marry the home.” It’s a catchy phrase often thrown around in the real estate and mortgage world. The idea is this: find the home you […]
The #1 Reason People Move: To Be Closer to Family and Friends The #1 Reason People Move: To Be Closer to Family and Friends From SouthShore Region Mortgage Group Have you ever thought about packing up and moving to be closer to the people who truly matter? Maybe you’re longing for shorter drives to visit […]
Understanding the Federal Funds Rate Cut and Its Impact on Mortgage Rates Tomorrow, Federal Reserve Chairman Jerome Powell will be discussing a potential cut in the federal funds rate. If you’re asking yourself, “What exactly is the federal funds rate, and will this affect mortgage rates?” – you’re not alone. Let’s break down these […]
There’s an ongoing battle in the mortgage industry between experienced, full-service loan professionals and online lenders with inexperienced customer service representatives who offer a no-frills approach. It often takes a loan officer years of consistently exceptional work to earn the trust of real estate agents, leading them to refer clients. These professionals are not only […]
Hey there, sports fans and homeowners-to-be! It’s time to put on our thinking caps and tackle a topic that’s as exciting as a game-winning touchdown: mortgages. Yes, you heard that right. But fear not, because we’re going to make this as entertaining as a halftime show extravaganza. Now, let’s kick things off with a fun […]
Don’t Let Frightening Headlines Scare You There’s a lot of anxiety right now regarding the coronavirus pandemic. The health situation must be addressed quickly, and many are concerned about the impact on the economy as well. Amidst all this anxiety, anyone with a megaphone – from the mainstream media to a lone blogger – has […]
Impact of the Coronavirus on the U.S. Housing Market The Coronavirus (COVID-19) has caused massive global uncertainty, including a U.S. stock market correction no one could have seen coming. While much of the news has been about the effect on various markets, let’s also acknowledge the true impact it continues to have on lives and families around […]
Where Homebuyers Are Heading By Generation [INFOGRAPHIC] Some Highlights: Whether capitalizing on job opportunities, affordability, or warm-weather places to retire, Americans are making moves to these top cities to take advantage of the strength in the current housing market. A strong economy and lower mortgage rates have made it easier for many would-be buyers to […]
Buyers Are Looking Now. Are You Ready to List Your Home? Inventory on the market today is low, especially among existing homes in the entry and middle-level tiers of the market. It is hovering well below the 6-month supply typically found in a more normal market, as shown in the graph below:With inventory being one of the biggest […]
Expert Advice: 3 Benefits to Owning a Home Success is something often worth repeating, and Brent Sutherland, a Certified Financial Planner and Real Estate Investor, has certainly made his way in a momentum-driving direction. Here are 3 tips he shares from a recent piece in Business Insider on the benefits of owning real estate: 1. Real estate diversifies your income […]
