Last week’s economic reporting included readings from S&P Case Shiller Home Price Indices, the National Association of Realtors®' report on pending home sales, and the University of Michigan’s final consumer sentiment index for … [Continue reading]
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 … [Continue reading]
A Mortgage Pre-Approval Letter: How Long Does It Last?
Buyers need to make sure they are competitive when they make an offer on a house. One of the ways to do that is to get a pre-approval letter. What does this mean, and how long does it last? What Is Mortgage Pre-Approval? Prior to working with a real … [Continue reading]
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