Mortgage Blog
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May 7-2025 - Federal Reserve issues FOMC statement
May 7, 2025 | Posted by: Terry Gangaram
Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in ...
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Mortgage Renewals in Early 2025 - Where Might Rates Land?
May 4, 2025 | Posted by: Terry Gangaram
A friendly guide for American homeowners who are about to renegotiate one of the biggest contracts of their lives. Introduction - Why Everyone Is Talking About 2025 Refinances If your existing m ...
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Tariffs and Their Impact on Interest Rates: What Homebuyers Need to Know
April 5, 2025 | Posted by: Terry Gangaram
You might be surprised to learn that something like tariffs-basically taxes placed on imported goods-could affect your mortgage or home-buying plans. Tariffs can seem like distant economic policies, b ...
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Should You Pay Off Your Mortgage Before Retirement? Pros and Cons to Consider
March 21, 2025 | Posted by: Terry Gangaram
As retirement approaches, many homeowners ponder whether paying off their mortgage early is a wise decision. While the idea of owning your home outright is certainly appealing, it's important to evalu ...
read moreMarch 19, 2025 - Federal Reserve Maintains Interest Rates
March 20, 2025 | Posted by: Terry Gangaram
Recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid ...
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Understanding Down Payments for Your Mortgage
March 7, 2025 | Posted by: Terry Gangaram
Understanding Down Payments for Your Mortgage When purchasing a home, a significant challenge you may encounter is saving for a down payment. But what is a down payment, and how does it influence you ...
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How will tariffs potentially affect Interest rates
February 26, 2025 | Posted by: Terry Gangaram
As a mortgage professional, I recognize that our financial landscape often feels like a complex maze, especially when global events are involved. One topic that has recently generated significant disc ...
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How Rising Interest Rates Impact Your Homebuying Power
February 5, 2025 | Posted by: Terry Gangaram
Have you noticed that mortgage rates have been rising recently? If so, you're not alone. Increasing interest rates can impact everything from the size of the loan you qualify for to the monthly pa ...
read moreJan 25-2025 - Federal Reserve issues FOMC statement
January 29, 2025 | Posted by: Terry Gangaram
Recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid ...
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Fixed-Rate vs. Adjustable-Rate Mortgages: Which Is Right for You?
January 21, 2025 | Posted by: Terry Gangaram
Hello! If you're on the journey to homeownership, one of the most significant decisions you'll have to make is choosing the right type of mortgage. It can seem overwhelming with all the numbers and ...
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