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07 Dec 2022
By Aadil Nathoo

Landlord Squeezing You for yet Another Rent Increase? It’s Time to Buy a Starter Home

Home Buyer Tips, ,
Did you recently receive your annual notice that the rent is going up? If so, you're not alone. Millions of renters are seeing more and more of their income drained away due to higher rents. To make matters worse, every dollar in rent is one that you are not saving, investing or using to build your net worth. If you're feeling the pinch of higher rents, it might be time to buy your first starter home. Comparing Rent With A Mortgage Have you ever done the math to understand how close your monthly rent might be to a mortgage payment?…
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06 Dec 2022
By Aadil Nathoo

5 Ways That a Mortgage Can Be a Huge Benefit to Your Financial Future

Home Mortgage Tips, ,
For many people, investing in a house is one of the most important purchases they will make in their lifetime. However, alongside having the comfort of your own home, there are many financial benefits associated with buying in. If you're currently perusing the market for opportunities, here are some reasons to consider investing a little sooner. Get Away From Inflation If you have an adjustable-rate mortgage, your interest rates will certainly fluctuate from time to time, but owning a home actually allows you to guard against the reality of inflation, which can be a significant burden as a renter. While…
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05 Dec 2022
By Aadil Nathoo

What’s Ahead For Mortgage Rates This Week – December 5, 2022

Financial Reports, ,
Last week’s economic news included readings on home prices, inflation, and data on public and private-sector jobs. Weekly readings on mortgage rates and jobless claims were also released. S&P Case-Shiller Posts Lower Home Prices in September September home prices fell in all cities tracked by Case-Shiller’s 20-City Home Price Index. Home prices were - 8.7 percent lower year-over-year in September than August’s reading of -10.40 percent. Home price declines showed signs of increasing after a period of rapidly rising home prices sidelined would-be home buyers. The Federal Housing Finance Agency Home Price Index rose by 0.90 percent in September as…
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02 Dec 2022
By Aadil Nathoo

Understanding ‘PITI’ and What Goes in to Your Monthly Payments

Home Mortgage Tips, ,
Ask any friend or family member that owns a home and they will share that it takes a bit of management to keep all the expenses under control. Let's explore the concept of PITI and why it is vital to have a clear picture of how much your home is costing you each month. Just What Is PITI, Anyway? PITI is an acronym that stands for "principal, interest, taxes and insurance," which are the four main components that make up your housing costs. Principal - this is the amount that you are paying against the total amount that you borrowed…
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01 Dec 2022
By Aadil Nathoo

What Are The Different Types Of Investment Properties You Can Purchase?

Investment Properties, ,
If you are looking for a way to diversify your investment portfolio, there are different options available. One option is to invest in real estate. With so many different choices, how can you select the right one for your needs? There are a few key points to keep in mind. A Single-Family Home One of the first options you might be considering is a single-family home. This is a versatile option that you can use to host long-term renters or vacation visitors. Single-family homes come in many shapes and sizes, but the variation can also make it a bit of…
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