by NICK FLERLAGE | Apr 1, 2021 | Uncategorized
Freddie Mac recently released their Quarterly Refinance Statistics report which covers refinances through 2020. The report explains that the dollar amount of cash-out refinances was greater in 2020 than in recent years. A cash-out refinance,...
by NICK FLERLAGE | Mar 29, 2021 | Uncategorized
According to data from the most recent Origination Insight Report by Ellie Mae, the average FICO® score on closed loans reached 753 in February. As lending standards have tightened recently, many are concerned over whether or not...
by NICK FLERLAGE | Mar 28, 2021 | Uncategorized
Some Highlights Today’s home price appreciation is driving equity higher throughout the country.If your needs are changing and you’re ready for a new home, your equity may be a great asset to power your next move.Now is a great time to put your equity toward...
by NICK FLERLAGE | Mar 27, 2021 | Uncategorized
When thinking about selling, homeowners often feel they need to get their house ready with some remodeling to make it more appealing to buyers. However, with so many buyers competing for available homes right now, renovations may not be as vital as they...
by NICK FLERLAGE | Mar 25, 2021 | Uncategorized
Last year started off with a bang. Unemployment was under 4%, forecasters were giddy with their projections for the economy, and the residential housing market had the strongest January and February activity in over a decade. Then came the announcement on March...
by NICK FLERLAGE | Mar 23, 2021 | Uncategorized
There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to forming household wealth. As Freddie Mac explains:...
