It might sound shocking, but Sapphire’s homeowners—present and future—have DTIs! Although the press has been largely silent, it’s important that the public be fully educated on the subject. But before anyone calls an emergency meeting to see what can be done… The good news is that, despite how dire it may sound, having DTIs isn’t […]
For Sapphire home shoppers who anticipate taking advantage of today’s low mortgage interest rates, the Consumer Financial Protection Bureau has a few words of interest. The CFPB thinks it has found a way for consumers to get the best home loan deals. The way they recommend is to shop around. Now, it may seem as […]
By the end of last week, with world financial markets quavering and Wall Street chalking up the worst start for any year ever, you’d think that Highlands’s real estate outlook would be as worrisome as the rest of the economy’s. Not necessarily. For sure, there was enough to worry about. If world trade levels continue […]
It’s usually around this time of year when the one in charge of keeping track of your Sapphire household’s finances either sits down to do some budget arithmetic, or (at a minimum) goes hunting for a new shoe box to hold the coming year’s tax receipts. Both activities are simply exercises in ascertaining what is […]
When you are close to buying a new home in Sapphire, one news item that definitely becomes more interesting than usual is the status of current mortgage interest rates. All those little ads on the side of the screen that blink at you with Mortgage Interest Rate Alert! and Lock Lowest Home Interest Rate NOW! […]
This past week, after a Thanksgiving feast wherein the average American is said to have enjoyed chowing down 2,000+ calories (equivalent to 3 Whoppers), the average American is said to have either trooped off to an early bird Black Friday sale mob scene or else (more likely) settled onto the couch to behold, in tryptophan-induced […]
Whenever an unplanned and unwelcome financial situation develops, a Highlands mortgage-holder can find himself or herself in the onerous position of being unable to keep up with the monthly home loan payments. If the unhappy situation continues long enough, the likely result is a foreclosure or short sale. In addition to losing the property, the […]
The way the media treated last week’s federal funds rate announcement by the Federal Reserve Board was a convincing demonstration of how much importance is placed on that singular piece of the financial puzzle. That rate may not be directly tied to Highlands mortgage interest rates, but since it determines lenders’ borrowing costs, its effect […]
If you begin a search for a new home by going online to check out the Highlands listings, it’s likely that one of the first search criteria you enter will be the price range. After all, unless you are a virtual looky-loo who is just checking out how the other half lives, your budget will […]
Now that we are deep into July, with summer in full swing, there might be vague thoughts running through your mind about some potential real estate moves—but certainly not until the fall. Right now all most of us are thinking about is whether another chilled glass of summer-something-or-other is in order. Sapphire mortgage rates and […]
