As the holidays draw nearer, many people are beginning to plan their gift shopping. If you need a little extra help choosing gifts for the important people in your life, here are some tips that will help you select the perfect presents without breaking a sweat or the bank.
Last year, there were many pessimistic forecasts about the U.S. housing market. After home prices had soared nearly 50% nationally during the pandemic, a growing number of economic commentators began calling home values a bubble and predicting an impending housing crash like the one that began in 2008.
In today’s digital world, many people rely on credit cards, debit cards and electronic payments while keeping very little cash on hand. This can be a convenient and secure way to handle spending during normal times, but being caught without enough cash during an emergency can spell trouble. Here’s what you need to know about keeping a supply of emergency cash.
Today’s higher mortgage rates have increased the cost of buying a home, but most recent homebuyers have a plan: buy now, refinance later. According to a survey conducted by U.S. News in September, 84% of homebuyers who purchased a home with a mortgage in the previous year said they plan to refinance. But what does a mortgage refinance involve, and what are the benefits and drawbacks? Read on to learn more.
Starting a new job. Receiving a large cash gift. Buying a new car. These are all typically happy and exciting events. However, if you’re considering applying for a mortgage – or are already in the process of obtaining one – these developments could spell trouble for your home financing. At Draper and Kramer Mortgage, we educate our clients on how to smoothly navigate the mortgage process, and that includes providing them with this important list of dos and don’ts when getting a home loan.