by Mark Maldonado | Apr 9, 2024 | Mortgage
When considering the journey of purchasing a new home, one of the fundamental decisions you’ll encounter revolves around determining the appropriate amount of money to allocate for your down payment. It’s a decision-making process that involves...
by Mark Maldonado | Apr 8, 2024 | Financial Reports
With the upcoming CPI and PPI reports this week, last week still had a number of important data points to consider. First, the non-farm payroll data, helping reveal the situation of pay versus inflation data giving an overall description of the state of the economy in...
by Mark Maldonado | Apr 5, 2024 | Mortgage
Are you in the process of purchasing a home or considering refinancing your mortgage? If so, you’ve likely encountered the term “escrow account” during your discussions. Mortgage escrow accounts are a crucial component of many home loans, yet they...
by Mark Maldonado | Apr 4, 2024 | Home Mortgages
You’re about to start on an exciting journey toward homeownership. But before you dive headfirst into the world of real estate financing, there’s an important decision you’ll need to make which is choosing the right mortgage term. The mortgage term...
by Mark Maldonado | Apr 3, 2024 | Home Mortgage
What exactly is an interest-only mortgage? Simply put, it’s a type of home loan where you pay only the interest for a certain period, typically the first five to ten years. After this initial period, you begin paying both the principal and interest, resulting in...
