Blog
Assuming a Mortgage: What To Know
Assumable mortgages are a great tool to avoid today’s high interest rates. Have you heard about assumable mortgages? Today, I spoke with J.C. Diaz of American Pacific Mortgage, and he broke down what they are and what they could mean for you. Assumable mortgages have been coming up in discussion recently, primarily due to... Read More
2-1 Buydowns in a Nutshell
You can get into a house at a lower rate with a 2-1 buydown. Have you ever heard of a 2-1 buydown? They are becoming increasingly common lately, so I’m here today to make sure you’re informed. To bring in an expert, I recently spoke with J.C. Diaz from American Pacific Mortgage. This information... Read More
What’s Going On With Investors in Our Market?
Here’s why investors are flooding the housing market across the country. Recently, an article claimed investors are pushing up prices of homes across the country because of the sheer number of properties they’re buying. There’s a few reasons this article believes this is happening. One explanation is that buying real estate is becoming a... Read More
Are Investors Driving Up Housing Prices?
Are investors the reason why house prices continue to rise everywhere? A recently published article said investors are pushing up the prices of homes across the country because of the sheer number of properties they’re buying. They’re saying this because they believe there’s a trend of new investors coming into the market and buying... Read More
Removing Your Private Mortgage Insurance
What is private mortgage insurance (PMI)? Essentially, PMI makes up the difference between your loan amount and an 80% loan-to-value ratio. Lenders require you to have it once you go beyond this percentage. If you want to cancel your PMI, you can refinance once you have the required equity. However, this is not the ideal... Read More
Are Rents Going Up in Des Moines?
Here’s what you need to know about rent prices in Des Moines. Read More
What’s Been Happening in Our Market?
The latest numbers and stats from our local real estate market. If you’re paying attention to the news, you’ve probably heard that things are changing. Inflation is still climbing, and gas prices are at an all-time high. A lot is going on, so I want to update you on the real estate market. Many people... Read More
Converting Equity into Retirement Savings
How to harness your home’s equity to create a stable retirement plan. Did you know that the equity in people’s homes rose faster last year than most people’s yearly wages? The amount of home equity in the United States is at an all-time high, and we’ll continue to see it rise because inflation only pushes... Read More
How You Can Protect Yourself From Inflation
What’s happening with inflation, and how does it affect real estate? First, what is inflation? Essentially, inflation is the devaluation of the U.S. dollar. As prices increase, the dollars you have in your pocket today won’t be worth as much as they were yesterday. Because inflation affects currency, it impacts every aspect of our economy.... Read More
A Conversation About Our Rising Rates
Today I’m joined by J.C. Diaz from American Pacific Mortgage. We wanted to talk about what we expect interest rates to do this year and how that affects you. Where were rates in December, and where are they now? “As you may know, interest rates have crept up a bit. It’s a new year, and... Read More