The Status of American Home Equity
A solid benchmark for how the American housing market is performing is the wealth that the average American is able [...]READ MORE
What’s the Deal with “Tiny Houses?”
The craze has swept the nation over the past few years. Driven by images of Pinterest-perfection, their perceived “cuteness,” the [...]READ MORE
What is Negative Amortization?
From time to time a client will enter into a loan that is characterized by negative amortization. This is a [...]READ MORE
What is a “Balloon Payment” and When Does it Apply?
Occasionally in residential transactions that we deal with—and more commonly in commercial property transactions—our clients encounter and/or secure balloon loans. [...]READ MORE
What Happens if You Buy Your First Home Before Middle Age?
The benefits of homeownership are legion—and its greatest payoffs accrue to those who act soonest in life to become a [...]READ MORE
How Does Your Credit Score Affect Your Mortgage Rate?
Much of a lender’s business is based on assessments and assumptions of risk. In order for a lender to be [...]READ MORE
What is a Reverse Mortgage?
We find there is a great deal of curiosity about the concept of reverse mortgages. As a homeowner ages, and [...]READ MORE
Why the Current Market Situation Might Make This the Right Time to Tap into Your Home’s Equity
The prices homes will fetch at market may be falling on average—which is increasingly being viewed as a likely positive [...]READ MORE
Ways to Buffer Yourself From the Potential of Mortgage Default
A report based on research by the JPMorgan Chase Institute, “Falling Behind: Bank Data on the Role of Income and [...]READ MORE
Delinquencies (For Most Markets) Recently Hit Lowest Rate in a Decade
According to a recent CoreLogic Loan Performance Insights Report, serious mortgage loan delinquencies—that is, repeated failures to make payment on [...]READ MORE
How Ohio is Making Home Ownership Possible for People with Student Loans
College graduates with outstanding student loans tend to face a number of barriers to becoming homeowners—especially in today’s debt landscape, [...]READ MORE
What is Likely to Drive a Positive Correction in the Market in 2019
A certain softness appeared in the housing market during the latter portion of 2018, and chances are that it will [...]READ MORE