Rent vs Buy? It’s complicated.
I have been going back and forth with this lately, using the most recent available data, and I can’t make heads or tails of it. The answer depends largely on the assumptions you make about future interest rates and home-price appreciation. At this moment, with mortgage rates in the upper 6% range, buying can be…
Read MoreThe dumbest things I’ve ever heard about mortgages
I have been in the mortgage business for over 20 years. So as you might imagine, I have heard all kinds of, shall we say, “hot takes” about mortgages. I have compiled a list of some of the less-enlightened ones. (Full disclosure: at least half of these I was guilty of saying before I got…
Read MoreWhat is the most important number when you are buying a house?
Answer: the purchase price! Why is it the most important? Because it’s the one thing you can’t go back and fix later if you get it wrong! It may seem simple, but most people overlook this number in favor of other things like interest rate, down payment, and monthly payment. Of course those are important,…
Read MoreSeamless Shift: Mastering the Art of Career-Focused Relocation
Relocating for career advancement is an exhilarating yet intricate journey, demanding meticulous planning and strategic foresight to ensure a seamless transition. This comprehensive guide offers essential strategies to navigate the complexities of a career-focused move, empowering you to confidently make informed decisions and embrace new opportunities. Highlander Mortgage delves into the intricacies of planning, financial…
Read MoreSmooth Moves: Money-Saving Tips for Parents and Easing the Transition for Kids
Relocating can be a challenging endeavor, especially for parents who must navigate the complexities of moving while ensuring their children’s well-being. It encompasses not only the logistics of packing and unpacking but also the emotional transition for your little ones. In this article, we will delve into practical strategies for saving money during a move…
Read MoreWealth Wave: Transforming Real Estate with the BRRRR Method
Real estate investment offers a promising avenue for generating substantial returns, particularly through the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) strategy. This method combines astute market analysis with strategic decision-making, paving the way for significant profit margins. This guide from Highlander Mortgage delves into essential practices for real estate investors embracing the BRRRR method, ensuring…
Read MoreWhat is “BRRRR”? Is it as Cold as it Sounds?
The BRRRR Method, or Buy, Rehab, Rent, Refinance, Repeat, is an investment strategy in real estate that entails flipping a distressed property, renovating it, renting it out, and subsequently refinancing it to generate funds for additional property investments. Diverging from conventional investment approaches, the BRRRR Method focuses on purchasing distressed properties and leveraging refinancing to…
Read MoreRegaining Your Footing: Conquering Personal Setbacks and Flourish in a New City
Moving to a new city can be an exciting yet daunting experience, especially after facing personal setbacks. However, it can also be an opportunity to start anew and reinvent yourself. Presented by Highlander Mortgage, here are some helpful tips to make your transition to a new city as smooth as possible while you work on…
Read MoreWhy Austin Should Be Your Next Living Destination
Choosing a place to relocate to is a big decision because you want to be happy there in the long term. There are many places to choose from that might seem to fit the bill, only to end up disappointing. Fortunately, Highlander Mortgage has broken down the unique qualities that make Austin an excellent place…
Read MoreDO NOT refinance (without talking to me first)
It looks like all the unscrupulous mortgage lenders out there are looking for creative ways to generate revenue during a slow time in our industry. Once again, the preferred method of revenue generation seems to be the time-honored NCR: Needless Cash-out Refinance. Some time ago I sent out an email detailing the different ways to pull cash…
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