Mortgages

Nationwide Equities Reverse Mortgages Review

Alright, grab some popcorn folks, we're about to have a deep dive into the financial ocean of reverse mortgages—specifically, from our friends at Nationwide Equities Corporation. Understanding Reverse Mortgages Ever hear about a reverse mortgage? No? Well, imagine a loan meant specifically for older homeowners, letting them borrow against their home's equity. But there's a twist—you're not required to make any regular payments. Sounds almost too good to be true, right? Well, it's entirely legit! Of course, like anything in life, there is a catch. The money you borrow will be due either when you move out or… well, when you're six feet under. I know, it sounds morbid, but hey, that's life… and death! In essence, reverse mortgages are an option for homeowners aged 62 or older. And don't worry, it's not some financial trap meant for the naive and desperate. If handled with care, a reverse mortgage can be a great way to financially breathe a bit without selling or moving. It's like using your home as an ATM, but just doesn't spit out cash randomly! The Pros and Cons of Nationwide Equities Reverse Mortgages Our good friends at Nationwide Equities Corporation have a solid suite of reverse mortgage solutions designed to fit your lifestyle preferences and financial goals. But like any good lender, they've got their good and bad sides. Pros A smorgasbord of reverse mortgage options Home purchase loans up for grabs Reasonably attractive interest rates Cons Only availabl… Read more

Bill Pittman

Homeowners Refinance as Rates Drop: Should You?

Hey! Guess What? Mortgage Refinancing is Making a Spectacular Return…Sort Of! You know those good ol' mortgage rates? They've nosedived this month. That's right, and guess who's cheering? Yep, homeowners. Savvy folks are hoping to catch this falling star, snag a lower rate, and watch their monthly mortgage payments tumble like dominoes. Recent data from the snazzy folks at the Mortgage Bankers Association reveals that mortgage refinance applications have rocketed a whopping 118% compared to last year—and the party’s not over. Matter of fact, the data from August 9 shows a staggering 35% rise…week on week." A Dive into the Surging Wave of Refinance Activity So, what's the score? Refinancing is on the rise thanks to the nosediving mortgage rates that started to take a dip in early August. And it's not an unrelated coincidence, okay? The Federal Reserve is brewing a plan—looking to cut benchmark interest rates. Now, Laurie Goodman, a big-shot housing finance policy fellow from the Urban Institute, claims that mortgage rates usually dance to the Fed’s tunes. So, any whispers about a rate cut will directly influence today's mortgage rates, now circling around 6.5% for a 30-year fixed-rate loan. Pull out your calculators, folks. So, the moment that mortgage rates started falling, a chunk of homeowners pounced. But be clear, according to Goodman, this group is mostly made up of folks who bought homes last year—when the rates were sky-high. Mortgage rates hitting a staggering 8%? … Read more

Bill Pittman

Guaranteed Rate Mortgage Lender Review 2025

Alrighty then! Buckle up, because we're about to dive head first into a giddy and informative whirlwind tour of your requested article. It's all the same ace content, still perfectly sealed in its original structure and hierarchy gift box. So, put on your thinking cap, get comfy, and let's rock 'n' roll! — Our Take on Guaranteed Rate Mortgage Lenders: A Tell-All Tale Can you believe it? Guaranteed Rate Companies has flourished from its inception in 2000 into a top-dog mortgage lender, operating from the gusty city of Chicago, Illinois. They've got a smorgasbord of home loan delights—your typical fixed-rate and adjustable-rate mortgages (ARMs), eye-catching jumbo loans, inviting FHA and VA mortgages, intriguing interest-only options, tantalizing renovation mortgages…the list goes on! However, picking a mortgage lender shouldn't be like pinning the tail on a donkey, right? So let's be savvy and weigh all the cards on the table, shall we? In this critique of Guaranteed Rate, we'll sling open the curtains on their loan programs, pricing, customer service prowess, and accessibility. By the end, you'll be clued up on whether Guaranteed Rate is your knight in shining armor in the home financing battlefield. — Guaranteed Rate: The Michael Jordan of Digital Mortgage Applications Guess who slam-dunked their way into our VIP list for the best mortgage lenders? Yep, you got it – Guaranteed Rate, mostly for their flashy digital application platform. Back in 2015, Guarant… Read more

Bill Pittman

Record High Cost of Buying a House

Oh, boy. Strapping In for a Wild Ride in the Housing Market! Hold onto your house keys, folks! This ain't your usual merry-go-around. The dynamic duo of sky-high mortgage rates and some really (and I mean *really*) pricey homes have thrust the cost of homebuying into the stratosphere. Yes, you heard it right – it's an all-time high. Feels like we're stuck on a rollercoaster that only knows up, doesn't it? Redfin, our friendly neighbourhood real estate gurus, tells us the standard monthly bite out of the typical new homebuyer's wallet now stands at a whopping $2,775. Yup, that's a new Everest – a hefty 11% step-up from the same time last year. (Source: Redfin) So, who's the usual suspect here? Cue in the Mortgage Rates… See, mortgage rates decided to throw a party and everyone was invited – except our bank accounts. Higher-than-normal mortgage rates are having a ball, linked arm-in-arm with the Federal Reserve's benchmark rates and rumours about their future movements. What's cooking in the kitchen? Last week's spicier-than-expected inflation data. What does that mean for us? Not so good – it's pushed any hopes of Fed interest cuts further back in the line. Hold up…We Got An Ad for You! What's that? An ad? Don't shoot the messenger! But hey, who knows, it might actually help you unlock the best Mortgage Rate Today. (Subtle wink, nudge). Just select your state, opt for a loan type (Psst… 90% of Americans are going for a 30-Year Fixed Rate Loan. Just saying), punch in th… Read more

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Bill Pittman

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Good news, gang! It’s time to shake the dust off that piggy bank and take a deep breath because the

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Hey there, money-savvy reader! Let’s talk about something we all love – saving more cash! Now, there’s a little term

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So, we’re talking mortgages today. But not just any plain, old, traditional mortgages. Nope, we’re venturing off the beaten path

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Hold your horses! I sense you’re probably stuck in a mental whirlwind, frantically trying to navigate the financial maze of

Bill Pittman

Reverse Mortgages: What’s the Payback, Jack? So, you’re at that golden age of 62 or older, your home’s paid off

Bill Pittman

Alright folks, let’s break this down, no jargon, no mumbo jumbo. All you need to know about reverse mortgages, delivered

Bill Pittman

Alright, grab some popcorn folks, we’re about to have a deep dive into the financial ocean of reverse mortgages—specifically, from

Bill Pittman

Yup, it’s true. You may not think of the U.S. Department of Agriculture (USDA) in the same breath as home

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Alright buddy, time to be savvy here. Let’s dive into the world of refinancing your mortgage. I know, I know.

Bill Pittman

Looking for the Fountain of Youth in Retirement Funding? Imagine this: You’re nearing retirement – the golden years, some say.

Bill Pittman

Honest finance reviews, expert insights, and everything you need to live smart.

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