Reda J Thomas-Neurosurgeon specialist Doctor

2021 Mortgage data shows that the borrowers saved an average of over $9400 in interest and fees by obtaining a wholesale mortgage through a mortgage broker, compared to retail lending options Data Source: https://bit.ly/3bl33Bs *Comparisons based on conventional conforming 30-year fixed loans for debt-toincome ratio 41-45% between top 10 wholesalers and top 10 nonbank retailers; low income defined as less than $52,200; interest savings assumes full term of loan. Title: Retail vs Wholesale Mortgage, Save Thousands | HTXMTG For more info on how we can provide you with an successful home purchase, refinance or home equity loan (HELOC) mortgage experience, please visit our website: http://www.HTXMTG.com ============================= Edward Foy: H Mortgage 📩efoy@HTXMTG.com ☎️281-304-6353 Competitive Pricing, Quick Approvals, Close On Time NMLS 310856 / 218762 ============================= #RetailVsWholesaleMortgage #MortgageChoice #MortgageRates #WholesaleMortgage #RetailMortgage #HTXMTG =...

Even if you were to find your dream home, a home that checks all the boxes, chances are, that six months from now, you’d have a list of things that you could improve That’s how setting goals works, you always want to improve, right? When it comes to buying a new home, as difficult as it might be, you want to try to look at things objectively. If you can find 70-80% of what you’re looking for, that’s a win, especially if you can start with a profit an buy your home below market. Even when interest rates were in the 2-3% range, there were plenty of people waiting for rates to get lower. They waited, not only did rates rise, but so did home prices. I’ve had many clients that who have tried to time the market and ended up having to significantly compromise due to rising home prices. One of the primary factors in your home search should be to establish and build equity This can provide you with more leverage to profit from rising home prices to level up and buy your dream home. My previous ...

I was recently reviewing some interesting stats from the Federal Housing Financing Agency (FHFA) and thought it was important to share, especially with so much doom and gloom in the media regarding interest rates. Although home prices differ in each region, the national average shows: 👉 A 57% increase in home values over the last 5 years. 👉Values nearly tripled in the last 30 years. So the question is: when you see a 57% increase in value over 5 years, does paying a 7-8% interest rate matter? These are not opinions, these are documented facts. Comment below with your thoughts 🔔Like this video if it helps and share it with someone you want to help. 👉FHFA Data: https://ift.tt/JcACDPS TITLE: Home Prices Increased 57% in 5 Years, Does Paying 7-8% Matter | HTXMTG.com For more info on how we can provide you with an successful home purchase, refinance or home equity loan (HELOC) mortgage experience, please visit our website: http://www.HTXMTG.com ============================= Edward Foy: ...

  How Job Growth Impacts Homebuyers The strong job growth in the United States, adding 336,000 jobs, has both positive and negative implications. On the positive side, it benefits the labor market. However, it also signals a hot economy to the Federal Reserve, potentially leading to measures like interest rate hikes, which, in turn, have caused 30-year mortgage rates to reach a 23-year high of 7.84%. The real estate market is under pressure due to elevated rates, causing economic anxiety, and it's expected to lead to a decline in home sales. The one bright spot in the job report is that wage growth has slowed, which could help slow inflation. However, the continued high interest rates are damaging various sectors of the economy, and some experts suggest the Fed should consider cutting rates next year to achieve a soft landing. Despite high interest rates, home prices continue to rise due to low housing inventory. This suggests that as long as people need housing, prices will lik...

How Job Growth Impacts Homebuyers The strong job growth in the United States, adding 336,000 jobs, has both positive and negative implications. On the positive side, it benefits the labor market. However, it also signals a hot economy to the Federal Reserve, potentially leading to measures like interest rate hikes, which, in turn, have caused 30-year mortgage rates to reach a 23-year high of 7.84%. The real estate market is under pressure due to elevated rates, causing economic anxiety, and it's expected to lead to a decline in home sales. The one bright spot in the job report is that wage growth has slowed, which could help slow inflation. However, the continued high interest rates are damaging various sectors of the economy, and some experts suggest the Fed should consider cutting rates next year to achieve a soft landing. Despite high interest rates, home prices continue to rise due to low housing inventory. This suggests that as long as people need housing, prices will likely k...

  New Conventional, Conforming Mortgage Loan Limits: What You Need to Know | HTXMTG.com 2024's updated conforming loan limits won't be released until November, however, effective immediately: we are honoring the projected increased amount of $750,000 for a conforming loan limit! That's right we've increased it from the previous $726,000 to projected amount of $750,000! If you were previously priced with some hits on a jumbo loan and you're looking in, or around the 750k loan amount range, reach out to us immediately let's show you how we might be able to improve your options. Connect with us for more insights. For more information, please visit our website: http://www.HTXMTG.com Title: New Conventional, Conforming Mortgage Loan Limits: What You Need to Know | HTXMTG.com This video explores information on Conventional, Conforming Loan limits Increasing to $750k but it also covers the following topics: Conventional Mortgage Loans Conforming Mortgage Loans Ju...

  The Best Ways To Increase Home Equity Exponentially: Hopefully you & your team of real estate professionals helped establish a strong equity position by skillfully negotiating the terms of your mortgage and home purchase. Now, how can we leverage that into building more equity exponentially? Here are a few ways to accelerate Equity growth in Your Home: • Making additional payments toward your mortgage principal • Paying Down and Reducing high-interest debt outside of your mortgage can free up funds to put toward your mortgage principal. • Renovations and improvements that increase your home's value can boost equity. However, be mindful of over-improving for your neighborhood. Some of the most cost-effective home improvements are HVAC and garage door updates. I’ll be posting a video on most cost effective home improvements next week. Remember: building home equity takes time, and market conditions can affect property values. It's essential to manage your finances wisely...

  Faster Home Equity: Explanation In 60 Seconds | Htxmtg.com You'll hear the term Equity used a lot when speaking you know about Investments when it comes to real estate you're going to hear the term home equity used a lot but what exactly is home equity? ✅Home equity is the difference between the appraised or fair market value of your property and any encumbrances like mortgage or liens. ✅It is a common term in real estate and is important for understanding your property's financial worth. ✅To calculate your home equity, subtract all encumbrances from the property's fair market value. ✅The video offers a playlist of tips on building equity faster and discusses the benefits of using home equity. Check out the links below with real estate & mortgage tips, including: how you can establish and build equity at a much faster than normal rate and benefits in pulling Equity out of your home feel free to reach out comment below with any questions or give us a call. Title...