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Bitcoin-collateralized mortgage launched by cryptofinance firm

Bitcoin-collateralized mortgage launched by cryptofinance firm

Source: National Mortgage News --- XBTO Group, a Miami-based crypto finance platform and asset manager, unveiled its bitcoin-collateralized mortgage offering this week. The company plans to offer the product to home buyers making purchases valued at $1 million or more...

Reverse Mortgages – The Good, The Bad and The Misunderstood

Reverse Mortgages – The Good, The Bad and The Misunderstood

What am I doing with my day today and most days?  Mortgages – all kinds of mortgages.  I have been a mortgage broker over 25 years now and it always amazes me of the information that is out there, it always has a slant on it.  There is always a bias on whether it is...

We are GIVING away 20 Minky Blankets!

We are GIVING away 20 Minky Blankets!

We are so excited to give away 20 Minky blankets! If you have never felt a Minky blanket then it is time that you did! They are the "Best. Blanket. Ever!" To enter to win you must go and Like our Facebook Page. CLICK HERE to LIKE our page For another chance to win...

30-year fixed mortgage crosses 5%

30-year fixed mortgage crosses 5%

Source: CNBC --- The average rate on the popular 30-year fixed mortgage just crossed 5%, now standing at 5.02%, according to Mortgage News Daily. This is the first time it has crossed that threshold since 2011, save two days in 2018. It stood at 3.38% one year ago...

Hot housing market creates equally hot real estate jobs market

Hot housing market creates equally hot real estate jobs market

Source: Business Report --- Despite a sharp rise in mortgage rates, U.S. housing market activity continues to sizzle, and—at least through March—generate new jobs each month. There are now nearly 1.8 million people working in real estate services, more than before the...

Waiting Will Cost Homebuyers Money

Waiting Will Cost Homebuyers Money

Source: Scotsman Guide --- Experts have long said that there’s a cost to waiting to a buy a home. That’s certainly true in a rising interest rate market. There is a misconception that as housing prices stabilize, or even decrease, that there will be a substantial...