1. LocationLocation plays a critical role in determining the value of a home during an appraisal. Factors such as proximity to schools, shopping centers, and transportation routes can significantly impact...
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Unpacking the Dynamics of U.S. Housing Supply: Trends and Future Outlook
Trends in U.S. Housing Supply over the past decade Over the past decade, the trends in U.S. housing supply have shown a steady increase in residential construction, particularly in urban...
Can You Refinance a Home Equity Loan into a Mortgage?
Understanding Home Equity Loans and Mortgages Home equity loans and mortgages are both types of financing that allow homeowners to borrow against the value of their property. However, there are...
Let’s Do More in ’24
What's your goal for 2024? Let's hold each other accountable by sharing these with each other. Find Mortgage Mark's goal and inspiration below! https://www.youtube.com/watch?v=47fMfdI4M24&ab_channel=MortgageMark We are in the high 6's...
How Often Can You Refinance Your Home?
Refinancing refers to the process of replacing an existing mortgage with a new one, typically with more favorable terms. It can offer homeowners the opportunity to lower their interest rates,...
Can You Buy a Foreclosed Home With an FHA Loan?
What is a foreclosed home? A foreclosed home is a property that has been seized by the bank or lender because the homeowner has failed to make mortgage payments. In...