BRIAN BIRK | 4-MINUTE READ Even if mortgage rates are rising, there can be a variety of reasons why a consumer might choose to refinance their mortgage. Here are a few: Switch from an Adjustable-Rate Mortgage (ARM) to a Fixed-Rate...
What is PMI and how can I remove it from my mortgage? BRIAN BIRK | 4-MINUTE READ PMI stands for Private Mortgage Insurance. It is a type of insurance that protects the lender in case you default on your mortgage....
Smart Mortgage Centers, Inc.: A Top-Rated Mortgage Broker Redefining Excellence Introduction When it comes to obtaining a mortgage, finding the right Mortgage Broker can be a daunting task. However, amidst the sea of mortgage brokers, one company stands out as...
Ways to deal with low home inventory. BRIAN BIRK | 4-MINUTE READ 7/7/2023 Dealing with low home inventory can be challenging, especially if you're in the market to buy a home. Here are some strategies to consider: Be proactive and...
BRIAN BIRK | 4-MINUTE READ 5/23/2023 Saving for a down payment for a house can be a significant financial goal. Here are some strategies that you can use to achieve it: Budgeting: The first step is to create a budget...
The Closing Cost Guide: BRIAN BIRK | 4-MINUTE READ 5/18/2023 Closing costs are fees and expenses, over and above the price of the property, that buyers and sellers normally incur to complete a real estate transaction. They are necessary expenses...
Today's interest rates compared to the 1980's The highest mortgage interest rates in the United States occurred in the early 1980s. In 1981, the average interest rate for a 30-year fixed-rate mortgage was around 18%, which is significantly higher than...
BRIAN BIRK | 4-MINUTE READ 4/11/2023 A 40-year mortgage can have several benefits for certain individuals. Here are a few potential advantages: Lower monthly payments: One of the primary benefits of a 40-year mortgage is that it can lower your...
The complete guide to closing costs: BRIAN BIRK | 4-MINUTE READ 4/8/2023 Closing costs are fees paid at the end of a real estate transaction when the property changes ownership. These costs can include a wide range of fees, from...
How much equity does a home gain every year BRIAN BIRK | 4-MINUTE READ 4/2/2023 The amount of equity a home gains every year depends on various factors, including the local real estate market, the condition of the property, and...
