Currently, we are experiencing some of the lowest mortgage rates in history. What are the top 5 economic factors that influence Dallas mortgage rates? What causes mortgage rates to rise and fall? Which governmental policies and economic indicators affect the rates that mortgage lenders offer to borrowers? First of all, it is important to explain…
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Mortgage lenders and financial advisors have been informing clients that mortgage interest rates are at historical lows. For employed home owners, now is a great time to refinance your mortgage. Even though the current economic situation has made the mortgage application process longer and more stringent, mortgage broker Jeff Berman with The Mortgage Go To…
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During these uncertain times if you are shopping for a house, about to make a move, or just looking at your current cash situation, you may be wondering about COVID-19 and mortgage lenders: how is the pandemic affecting mortgage loans and the home lending industry. In this article I will attempt to update you as…
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Part of the American Dream is to own a home with a white picket fence, lush landscaping, and a beautiful family living inside. But does this make sense for everyone? Is renting or buying a home the best choice for you in your current situation? Renting may appear to be less expensive, but with…
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Can You Get a 30 Year Mortgage When You Are 60+? Traditional financial advice for retirees, and soon to be retirees, has been to reduce debt as much as possible.1 With reduced and fixed income that often comes with retirement, it is considered optimal to have little to no debt—cars, homes, credit cards, etc.—to manage…
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Budgeting for a Home The “right time” to buy a home is different for everyone, but budget is often a leading factor. I can help you find the right mortgage to fit your own personal budget. With Elite Financing Group’s tools and a support team, we are dedicated to leading you through the process to…
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