Mortgage Blog
Building wealth through homeownership.
Should You Pay Off Your Mortgage Before Retirement? Pros and Cons to Consider
March 21, 2025 | Posted by: Lorri Wirick
As retirement approaches, many homeowners ponder whether paying off their mortgage early is a wise decision. While the idea of owning your home outright is certainly appealing, it's important to evalu ...
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March 19, 2025 - Federal Reserve Maintains Interest Rates
March 20, 2025 | Posted by: Lorri Wirick
Recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid ...
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Understanding Down Payments for Your Mortgage
March 7, 2025 | Posted by: Lorri Wirick
Understanding Down Payments for Your Mortgage When purchasing a home, a significant challenge you may encounter is saving for a down payment. But what is a down payment, and how does it influence you ...
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How will tariffs potentially affect Interest rates
February 26, 2025 | Posted by: Lorri Wirick
As a mortgage professional, I recognize that our financial landscape often feels like a complex maze, especially when global events are involved. One topic that has recently generated significant disc ...
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How Rising Interest Rates Impact Your Homebuying Power
February 5, 2025 | Posted by: Lorri Wirick
Have you noticed that mortgage rates have been rising recently? If so, you're not alone. Increasing interest rates can impact everything from the size of the loan you qualify for to the monthly pa ...
read moreJan 25-2025 - Federal Reserve issues FOMC statement
January 29, 2025 | Posted by: Lorri Wirick
Recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has stabilized at a low level in recent months, and labor market conditions remain solid ...
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Fixed-Rate vs. Adjustable-Rate Mortgages: Which Is Right for You?
January 21, 2025 | Posted by: Lorri Wirick
Hello! If you're on the journey to homeownership, one of the most significant decisions you'll have to make is choosing the right type of mortgage. It can seem overwhelming with all the numbers and ...
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New Year, New Home Goals: Essential Home Maintenance Tips for 2025
January 8, 2025 | Posted by: Lorri Wirick
Happy New Year, homeowners! As we enter 2025, it's an ideal time to establish new home goals and ensure that your sanctuary stays comfortable, safe, and valuable. Whether you're a first-time homeowner ...
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Preparing for a Home Purchase in 2025
December 27, 2024 | Posted by: Lorri Wirick
Preparing for a home purchase in 2025 may sound far off, but getting your finances in order now can provide a sense of relief when the time comes to make your move. As a mortgage professional, I've ...
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December 18, 2025 - US Federal Reserve Rate Cut
December 18, 2024 | Posted by: Lorri Wirick
On December 18, 2024, the Federal Reserve announced a significant policy shift, lowering the federal funds rate by 0.25 percentage points to a range of 4.25% to 4.5%. This marks an ongoing effort to b ...
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