Trends in U.S. Housing Supply over the past decadeOver the past decade, the trends in U.S. housing supply have shown a steady increase in residential construction, particularly in urban areas.However,...
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Can You Refinance a Home Equity Line of Credit in a Mortgage?
Understanding Home Equity Loans and MortgagesHome equity loans and mortgages are both types of financing that allow homeowners to borrow against the value of their property. However, there are significant...
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 many...
Who Owns the House in a Reverse Mortgage?
What is a Reverse Mortgage? A reverse mortgage is a unique type of loan available to homeowners who are 62 years of age or older. Unlike a traditional mortgage, where...