Americans have a lot of debt. As of mid-2019, U.S. borrowers owed a total of $1.4 trillion in student loans and another $1.07 trillion in consumer credit card debt. And then, of course, there’s the $1.28 trillion in auto loan debt. Add in first and
Aug 21, 2019 | Homeowner Tips
Real estate can be a very profitable source of investment. Property values generally rise over time, giving owners equity and rental income at the same time. Owning a Utah investment property is not without risks and challenges though. There are several f
Aug 14, 2019 | Purchasing a Home
As rates fall and incomes rise, homebuyers’ buying power has reached its highest level in 18 months, according to data from property data company Black Knight. Even though actual prices have climbed an average of $12,000 over the past eight months,
Aug 12, 2019 | Mortgage News
You have found the perfect property and made it all the way through the home buying process. The only thing left to do is wire the down payment and closing costs to your mortgage lender. Right before you are supposed to wire the money, you get an email fr
Aug 07, 2019 | Mortgage Basics Mortgage News
The Federal Reserve decided to lower its target interest rate to the range of 2% to 2.25%, down from a range of 2.25% to 2.50%. It is the first rate cut since December 2008, at the beginning of the Great Recession. The move was spurred by concerns ab
Aug 05, 2019 | Mortgage News
When buying a home, there are several factors that affect how much mortgage you can afford. Two of the most important are the property prices and current mortgage interest rates. Is it better to search for the absolute lowest rate or is it more helpful to
Jul 31, 2019 | Interest Rates Purchasing a Home