Mortgage Insurance Unraveled - What is it, and Do You Need It?

Introduction: Mortgage insurance - what is it? Well, folks, you're in for a treat! In this article, we'll dive into the nitty-gritty of mortgage insurance, explaining what it is, how it works, and who needs it. So, buckle up and get ready to become a mortgage insurance pro! Demystifying Mortgage In

What are special assessments and why do they exist

Special assessments are a common topic in the world of real estate, but not everyone is familiar with what they are and why they exist. Essentially, special assessments are fees that are charged to property owners in order to cover the cost of public improvements and infrastructure within a specific

How to compete with cash offers

As a buyer in today's competitive real estate market, it can be disheartening to lose out on a property to a cash offer. However, there are strategies you can implement to compete with these offers and increase your chances of getting your dream home. One of the first things you can do is to get pre

How does the Fed effect interest rates?

How Does the Fed Affect Interest Rates? The Federal Reserve (the Fed) plays a crucial role in the US economy, and it has a significant impact on interest rates. When the Fed adjusts its monetary policy, it affects the cost of borrowing money for individuals and businesses. Therefore, it's essential