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How to Avoid Foreclosure
Foreclosure is the process by which a lender takes possession of a property when the borrower defaults on their loan. This can be a...
Oct 18, 20233 min read


New Credit Process: What You Need to Know
The credit process is changing, thanks to new technologies and new regulations. In this article, we will take a look at the new credit...
Oct 16, 20233 min read


Bank of America Economists Warn of Potential Turbulence Ahead for 2024 Housing Market
Bank of America economists issued a report on Thursday cautioning against "potential turbulence ahead" for the 2024 national housing...
Oct 16, 20234 min read


Top 5 Reasons to Get a Reverse Mortgage
Reverse mortgages can be a great financial tool for seniors who want to stay in their homes and access the equity they have built up over...
Oct 14, 20232 min read


How to Get a Reverse Mortgage and the Pros and Cons
A reverse mortgage is a loan that allows homeowners 62 years of age or older to borrow against the equity in their homes without having...
Oct 14, 20232 min read


Should You Pay Off Your Mortgage Early?
Paying off your mortgage early is a decision with both financial and personal benefits. On the one hand, it can save you thousands of...
Oct 14, 20233 min read


Homeowners Gained $1 Trillion in Equity: What to Do and What Not to Do
Homeowners have gained over $1 trillion in equity in the past year, thanks to rising home prices. This is a significant increase, and it...
Oct 14, 20232 min read


CPI Data for October 2023 Released: Inflation Moderating Slightly
The Consumer Price Index (CPI) for all urban consumers (CPI-U) increased 0.4% in October 2023 and 7.7% over the year, the Bureau of Labor...
Oct 12, 20232 min read


Despite Challenges, Construction Industry Expected to See Moderate Growth in 2023
The construction industry in the United States saw mixed results in August 2023, with some sectors showing growth and others declining....
Oct 11, 20233 min read


FHFA Increases Loan Limits for Fannie Mae and Freddie Mac in 2024
The Federal Housing Finance Agency (FHFA) has announced that it will raise the loan limits for Fannie Mae and Freddie Mac in 2024. The...
Oct 10, 20233 min read


No Sign of Relief in Housing Even as the Federal Reserve Holds Rates Steady
The Federal Reserve has held rates steady in recent months, but there is still no sign of relief in the housing market. Home prices...
Oct 9, 20234 min read


6 Reasons Why Refinancing Your Mortgage to Pay Debts and Cash Out Is a Good Idea
Refinancing your mortgage to pay debts and cash out can be a good idea for a number of reasons. It can help you save money on interest,...
Oct 5, 20233 min read


Fannie Mae Chief Economist on Housing Market Outlook: A Cautious Optimism
Douglas Duncan, Fannie Mae's chief economist, is cautiously optimistic about the housing market outlook for the remainder of 2023 and...
Oct 4, 20232 min read


Credit Card Losses Set to Soar, Goldman Sachs Warns
Goldman Sachs is warning that credit card losses are set to soar through the end of 2024 or early 2025, as consumers struggle to keep up...
Oct 3, 20232 min read


JPMorgan CEO Jamie Dimon Warns World May Not Be Prepared for Fed at 7%
https://www.klickmortgage.com/apply-nowJPMorgan Chase & Co. CEO Jamie Dimon warned on Monday that the world may not be prepared for the...
Oct 1, 20232 min read


Guiding Immigrant Borrowers to Homeownership
Homeownership is a dream for many immigrants, but it can be difficult to achieve. There are a number of challenges that immigrant...
Oct 1, 20233 min read


US Economy Grows 2.1% in Q2, Home Values Appreciate, Borrowers Consolidate High-Cost Debt
The US economy grew at a 2.1% annualized rate in the second quarter of 2023, according to the Bureau of Economic Analysis. This follows a...
Sep 29, 20234 min read


Housing Economist Warns of 8% Mortgage Rates After Home Sales Disappoint
Lawrence Yun, chief economist of the National Association of Realtors (NAR), warned on Thursday that mortgage rates could reach 8% in the...
Sep 29, 20232 min read


Pending Home Sales Drop 13% as Rates Stay High: What This Means for Buyers and Sellers
Pending home sales fell 13% from a year ago in August 2023, according to Redfin. This is the largest year-over-year decline since April...
Sep 26, 20232 min read


7 Tips on How to Improve Your Credit Score
Your credit score is one of the most important financial numbers you have. It affects everything from the interest rate you'll pay on a...
Sep 25, 20232 min read


Commercial and Multifamily Debt on the Rise: Risks and Opportunities
Outstanding commercial and multifamily debt is on the rise. According to the Mortgage Bankers Association (MBA), commercial and...
Sep 24, 20233 min read


Mortgage Applications Dip in April 2024 as Rates Climb
Prospective homebuyers in the United States faced a headwind in April 2024 as mortgage application volume dipped alongside a rise in...
Sep 24, 20232 min read


Miami's Rental Market: Paradise Found or Bidding War Battleground?
Miami, the vibrant heart of South Florida, beckons with its sun-drenched beaches, pulsating nightlife, and a cultural tapestry unlike any...
Sep 24, 20234 min read


What to Expect During a Home Inspection
A home inspection is a visual examination of the structure and systems of a home. It is typically conducted by a licensed home inspector...
Sep 24, 20232 min read
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