In 2022, Adjustable-Rate Mortgages have increased in popularity but what are they and are they right for you? Let’s start with the basics: an Adjustable-Rate Mortgage, also known as an ARM, variable-rate mortgage, or tracker mortgage, is a home loan with an interest rate that periodically adjusts based on the
As we are writing this blog in June of 2022, like many of the issues we are currently faced with, the condition of today’s housing market can be described as “unprecedented”. For many potential homebuyers, the dream of homeownership seems further away than ever with inventory at an all-time low
Have you heard the good news? The Lower Family of Brands, including Homeside Financial, has been named a 2022 Scotsman Guide Top Mortgage Lender! Per the publication, “Scotsman Guide’s Top Mortgage Lenders is the industry’s most comprehensive, verified rankings of the nation’s top-producing mortgage companies. While we at Scotsman Guide
You’ve heard there’s a housing shortage but why? How long will it last? Can you still manage to buy a home? Don’t fret, we’re here to give you the information you need. First off – WHY is there a shortage? There are many factors to the “why” however here are
Spring is here and so is the time for a fresh start. When we think of Spring cleaning we think of decluttering and cleaning the spots of our homes that get neglected… but it’s so much more than that, right? You don’t need another Spring Cleaning checklist, but this? This
Award Season is here! For some folks, the Oscars or Grammys are the pinnacle of awards – but here in the Mortgage Industry it’s publications like Scotsman Guide that are the peak of recognition. Today we are honored and excited to share our 2022 Top Originators as ranked by Scotsman
Buying a home is a big decision – but scary? For some folks it can feel that way, but it doesn’t have to. Today we’re going to address some of the parts of home buying that people commonly find scary. What if I have buyer’s remorse? Buyer’s remorse is absolutely
This past summer brought serious heat, especially in the housing market. But it didn’t stop there. We’re now seeing large year-over-year jumps. Analysts were already astounded by the increase in housing prices in April, but then May came around and took the lead. Several U.S. cities saw their highest price
Are student loans a barrier to mortgage approval? Yes and no. Student loans can affect your ability to be approved for a mortgage, but good news is here! On Friday June, 18 2021 the Federal Housing Administration announced they were taking extra steps to make housing more accessible to those
