Essential First-Time Homebuyer Tips
Buying your first home is a significant and exciting milestone, but it can also be a complex process with numerous considerations. From saving for a down payment to navigating the housing market, first-time homebuyers face a unique set of challenges. To help ease the process and ensure a successful purchase, here are some essential tips […]
The Average Homeowner Gained $56,700 in Equity over the Past Year
Home>>Mortgage News>> The Average Homeowner Gained $56,700 in Equity over the Past Year When you think of homeownership, what’s the first thing that comes to mind? Chances are you might focus on the non-financial benefits, like the security or stability a home provides. But what about equity? While it can be overlooked, a homeowner’s equity helps […]
Don’t Wait To Refinance
Home>>Mortgage News>> Don’t Wait To Refinance You may have already heard, but rates are on the rise. However, historically rates are still quite low. For those of you that are homeowners, now is an opportunity to refinance before it’s too late! Equity has skyrocketed and can be a huge benefit to those looking to refinance. […]
Push Button Get Mortgage- Real Reviews
Push Button Get Mortgage- Real Reviews In this day and age, technology is rapidly evolving each and every day. For the most part, this makes life a lot easier. However, at Geneva, we feel Technology is a modern convenience best reserved for buying basic items, booking appointments, and having your favorite take-out delivered. When it […]
Housing Outlook 2022
Home>>Mortgage News>> Housing Outlook 2022 As we move into 2022, both buyers and sellers are wondering, what’s next? Will there be more homes available to buy? Will prices keep climbing? How high will mortgage rates go? For the answer to those questions and more, we turn to the experts. Here’s a look at what they say we can expect […]
What Is A Reverse Mortgage?
Home>>What Is A Reverse Mortgage? What Is A Reverse Mortgage? Let’s start with the basics. In this article, we are specifically focusing on Reverse Mortgages, or HECM (Home Equity Conversion Mortgages) What is a Reverse Mortgage? Unlike a traditional home equity loan, such as an FHA or refinance loan that you begin paying back soon […]
Enjoy The Retirement You Deserve
Home>>Enjoy The Retirement You Deserve Enjoy The Retirement You Deserve To recap: What is a Reverse Mortgage? Unlike a traditional home equity loan, such as an FHA or refinance loan that you begin paying back soon after your loan closes, a HECM doesn’t have to be repaid until you leave your home.* In addition to […]
Take Action Today
Home>>Mortgage News>> Take Action Today At Geneva, we are consistently trying to remind our clients of time-sensitive opportunities. We’ve covered this frequently and for good reason. Even now, you are running out of time to take advantage of a cash-out refinance. Take Action Today Last week, the average 30-year fixed mortgage rate from Freddie Mac jumped from 3.22% to 3.45%. […]
5 Questions to Ask Yourself Before You Start the Homebuying Process
Home>>Mortgage News>> 5 Questions to Ask Yourself Before You Start the Homebuying Process for the First Time There are many considerations before buying your first home. It is exciting to realize that you are ready to buy your own place. It is a major purchase, which is why it is important to probe yourself about […]
Owning Is More Affordable Than Renting In Most Cities!
Home>>Mortgage News>> Owning Is More Affordable Than Renting In Most Cities! If you were thinking about buying a home this year, but already pressed pause on your plans due to rising home prices and increasing mortgage rates, there’s something you should consider. Owning Is More Affordable Than Renting In Most Cities! According to the latest report from ATTOM Data, owning a […]