03 Jun 2021
By Aadil Nathoo

In The Current Housing Market, Prospective Buyers Must Remain Patient

Homebuyer Tips, ,
The housing market has been through many ups and downs during the past 12 months. Now, buyers are facing a unique challenge as they try to find the right house in the perfect seller’s market. Right now, real estate is extremely competitive, as low inventory has continued for several months. As mortgage rates remain low, more people are looking for homes, increasing the competition. Some people are reluctant to sell because they know they will face the same challenges of trying to find a new home themselves. As a result, the housing market has record-low inventory making it difficult for…
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27 May 2021
By Aadil Nathoo

Is Now The Time To Refinance Your Mortgage?

Mortagage Tips, ,
To refinance a mortgage means to pay off your existing loan and replace it with a new one. There are many reasons why homeowners opt to refinance, from obtaining a lower interest rate, to shortening the term of the loan, to switching mortgage loan types, to tapping into home equity. Each has its considerations. Lower Your Mortgage Rate Among the best reasons to refinance is to get access to lower mortgage rates. There is no "rule of thumb" that says how far rates should drop for a refinance to be sensible. Compare your closing costs to your monthly savings, and…
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20 May 2021
By Aadil Nathoo

Pantone Colors: Should You Repaint Before You Sell?

Mortgage, ,
Pantone is a universal language of color that you can use to select beautiful colors to paint the home. Interestingly, each year, Pantone selects a color of the year that embodies what's happening in society.  In 2021, the Pantone color of the year was awarded to two colors, Illuminating 13-0647 and Ultimate Gray 17-5104. These two colors highlight how two different elements can come together and support each other. This is the thought behind selecting them based on what has occurred over the last year.  The bold yellow and deeper gray capture feelings of promise, friendliness, and thoughtfulness, which may be…
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19 May 2021
By Aadil Nathoo

How Does A Change In Mortgage Rates Impact A Family’s Housing Budget?

Mortgage, ,
The housing market is extremely competitive right now because mortgage rates are still near record lows. While mortgage rates are rising this year, the rates are still attractive to many individuals and families who are looking to buy a home. At the same time, when mortgage rates change, families need to re-evaluate their budgets. A change in mortgage rates will impact the monthly mortgage payment, so families need to know what they can afford. Furthermore, because the market is so competitive, sale prices are going up as well. As mortgage rates and home prices rise, families need to determine what…
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13 May 2021
By Aadil Nathoo

Top 8 Things New Homeowners Need

Mortgage, ,
Moving into your first home is an exciting experience, but it can also be overwhelming. To manage the move properly, you need a wide variety of tools you may never have considered before. You may not realize you should have purchased a certain item until you need it.  To prepare for the move into your new home, make sure you have all of the items listed below.  Storage For Documents As a homeowner, you will need to keep and organize a variety of documents, including receipts, warranties and even your mortgage papers. Consider buying a fireproof box or cabinet to…
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