Pembroke Pines, FL Mortgage Rates and Real Estate Overview

The official motto of the city of Pembroke Pines, Florida is “Join Us, Progress with Us”.  Replace “Progress” with “Play” and it might sound a bit closer to the truth; Pembroke Pines has produced many athletes, such as New York Giants linebacker Lawrence Taylor, San Francisco 49er’s running back Frank Gore and Los Angeles Dodgers […]

Continue Reading

Why Should You Pay Cash for a House?

For many, the American dream is still to own one’s home.  To achieve this, prospective homeowners will save their money, try to keep their credit report clean and obtain a mortgage to do so. But others will purchase their homes with a cash payment. Believe it or not, this method is on the rise. Recently […]

Continue Reading

Buying a Home While Yours is for Sale? Here’s What You Should Know

Shopping for a new home when you already have a home can be a nail-biting process, as you work to decide how you’ll time things so that you don’t have to pay two mortgages. Even if you could afford to swing the extra expense for a few months, lenders may be hesitant to loan money […]

Continue Reading

Shorter-Term Mortgages: 3 Benefits to Refinancing

Earlier Payoff, Less Interest and Owning Your Home Sooner Whether it’s paying off our monthly mortgage–or even any monthly bill–many of us are always looking for ways to reduce expenses. As a homeowner, one way to do so is through refinancing your 30-year mortgage. You’ll find taking this action, benefits will follow. But before you […]

Continue Reading

3 Ways You Can Squeeze a Second Home Into Your Budget

Having a second home to vacation in or just get away for a while can be a great investment. However, this isn’t always feasible from a financial standpoint in today’s economy. Fortunately, there are three ways to make a second home more affordable and squeeze it into your budget. 1) Team Up with Friends or […]

Continue Reading

Excessive Loans? When Refinancing Your Home to Free up Cash Makes Sense

To some homeowners, the idea of refinancing their mortgage seems a little daunting. The process is akin to buying your house all over again. Paperwork, credit checks, an appraisal, and closing costs are all aspects of the loan origination process that can complicate the answer to whether refinancing makes sense. For those unfamiliar with the term, refinancing simply […]

Continue Reading

4 Questions to Ask Before You Refinance

Refinancing may sound like a good idea when mortgage rates decrease. It’s a chance to get a better loan and a cheaper rate. Many banks encourage refinancing, but getting a new mortgage doesn’t make sense financially for everyone. So, before you jump on the bandwagon and apply for a new mortgage to replace your existing one, here are […]

Continue Reading

Is It Really Better to Buy a Home When Interest Rates Are Low?

With interest rates still low, many people remain interested in purchasing a home whether it’s their first one or second. The cost of doing so can be affordable and in a recent North Shore Bank/GMAR Home Affordability Report, shoppers in the second quarter could still buy a home with a small monthly payment as compared to late in […]

Continue Reading