Blogs
Industry Update: More Millennials Turn to Their Home’s Equity
According to a new survey commissioned by Discover Home Equity Loans, older millennials (ages 30 to 34) are twice as likely as baby boomers to take out a home equity loan. Of the 64 percent of older m
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Mortgage Check Up Time!
The new year is a great time to review and evaluate your home financing. Especially if you purchased a home in the last 12 months or you have a rate of 6.5% or above! Interest rates have recently dro
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What a long, strange trip it’s been!
So true. It’s been a year and a half with these higher mortgage rates. The end is in sight, finally. The Fed is very close to putting a halt to raising rates. Fannie Mae, Freddie Mac and the Home Buil
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Summer 2022
The Federal Reserve continued their fight against inflation and possible recession last week by increasing rates another 75 bps. This affects things like HELOCs, Credit Card APRs, Auto Loans and perso
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Spring 2022
Spring is here, COVID is hiding, war in Ukraine and rates are higher. Sounds like the beginning of an updated We Didn’t Start the Fire! Yes, fixed rates are in the mid 4s but will they go up more?
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What Does it Take to Get Pre Approved?
Especially in this market, it is important that you – the borrower(s)- have your mortgage financing plan in place. A Pre Approval accomplishes two things: confidence while shopping for a home knowing
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Credit Score: Don’t Pay To Fix It!
Credit Scores are always a point of concern when it comes time to get pre-approved. If there is one thing to absolutely never do: pay a company to “fix your credit score.” It is not possible to chan
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On the Go and Looking for a Home
Americans spend an average of 55 minutes per online visit with real estate apps on their phones, according to new research unveiled by Google. Basically, “customers roll over in the morning and start
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Find a Great Agent
As technology grows in the housing industry, so does the need for real estate agents, with the two working in conjunction with each other rather than against each other, Chris Heller, CEO of Keller Wi
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Benefits of Refinancing
I was speaking with a friend of mine this morning regarding refinancing and he asked a handful of great questions that not all homeowners know the answers to. Luckily, McCormick Mortgage is glad to an
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