by Marcia Loeslie | Aug 8, 2022 | Featured Post
Depending on your circumstances, inflation’s effect on prices may or may not be affecting you. For example, if you’re working remotely (or driving an electric vehicle!), you won’t need to worry about higher gasoline prices. No matter what your...
by Marcia Loeslie | Aug 1, 2022 | Featured Post
Everyone knows how hectic the housing market has been, but despite the higher mortgage rates, now is still a good time to buy a home! We’ll tell you: There’s More Inventory on the Market: With the higher rates in the market, fewer people are purchasing...
by Marcia Loeslie | Jul 25, 2022 | Featured Post
A seller buy down happens when the seller of a home contributes money toward the buyer’s closing costs to pay for points, effectively buying down the interest rate of the loan. IS THIS BENEFICIAL TO BUYERS? With a Seller Buy Down, it benefits the buyer by...
by Marcia Loeslie | Jul 18, 2022 | Featured Post
When you work with Luminate, for a limited time, you can lock in on a 30-year mortgage with a 2-1 Buydown! How does this work? Essentially, the 2-1 Buydown is an agreement between the seller and buyer to fund an account that will subsidize the rate reduction of 2% of...
by Marcia Loeslie | Jul 7, 2022 | Featured Post
WHAT IS INFLATION? Inflation is when a currency loses its buying power, causing prices in the economy to go up. Year-over-year consumer inflation in the economy has been running around 8.5% throughout the past year. That’s the highest inflation rate we’ve...
