• Pros and Cons of a 15 Year Mortgage
  • How to Set Up Automatic Recurring Mortgage Payments
  • Freddie Mac Projects Rising Rates
  • Comparing the Cost of Homeownership vs Renting
  • Home Prices Are Rising
iStock 158635639 1024x650 - Will Your First Job Point You Toward a Career Path or a Dead End?

Will Your First Job Point You Toward a Career Path or a Dead End?

5 questions to ask yourself when applying for a job after college graduation. Earning a degree is an impressive accomplishment. The learning your degree required is the precursor to launching a career, but finding the right job can be difficult and confusing. Your first job after college is a critical step toward your career path. In the rush to find a job, some forget to consider if their interests and…

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iStock 629639348 1024x683 - Your Degree was a Big Investment.  Should a First Employer Invest in You?

Your Degree was a Big Investment. Should a First Employer Invest in You?

Completing your college education is an important milestone, and it’s a big investment – of both time and money.  According to the College Board, the average cost of tuition and fees for the 2017-2018 school year ranged from $9,970 (state residents at public colleges) to $34,740 (private colleges). These figures don’t include housing, meals, supplies or transportation.  According to a 2016 report from the National Student Clearinghouse Research Center, it…

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Blog Image Enterprise SignsReadyToMove 1200x630 002 1024x538 - 2 Signs You’re Ready to Make a Move

2 Signs You’re Ready to Make a Move

Have you outgrown your home or has your home outgrown you? Many homeowners live in homes that don’t meet their needs but they are hesitant to make a move. According to a recent study by the National Association of REALTORS®*, today’s sellers have remained in their home for a median of 10 years. This is well above the historical norm of six years between 1985 – 2008.   The great…

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How can grads get real experience to launch a new career?

How can grads get real experience to launch a new career?

It’s the age-old conundrum – grads need experience to get a job but can’t get a job without experience. When the best jobs require industry know-how, what are your options? GOOD WAYS 1) Internships – in school, your internship may have provided credit toward your degree. For grads, internships are still a possibility, but the low (or no) pay internships could be an obstacle.2) Working your way up – Entry-level…

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Why would a psychology major start a career in Financial Services?

Why would a psychology major start a career in Financial Services?

While reviewing applicants for our First Flyer career development program, Freedom Mortgage was pleased to see a wide-range of college majors interested in joining the team. In fact, most candidates we see hold degrees (or are working toward them) in fields that have nothing to do with finance, accounting or business. “I’d say one of our most popular degrees for our First Flyer program is actually Psychology” said Zenobia Littlejohn,…

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RW8 - How to Prepare Your Home Before Putting It Up for Sale

How to Prepare Your Home Before Putting It Up for Sale

Planning to move? Preparing your home with staging techniques may result in less time on the market and an increased sale price.  According to the National Association of Realtors® 2017 Profile of Home Staging, 62% of sellers’ agents say that staging a home decreases the amount of time a home spends on the market. In addition, 49% of buyers’ agents say that staging a home increases its dollar value. Here…

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Freddie Mac Projects Rising Rates 1024x537 - Freddie Mac Projects Rising Rates

Freddie Mac Projects Rising Rates

Interest rate projections from Freddie Mac show an upward trend as we head further into 2018, predicted to increase by a ½ percentage point. While this may not seem like a big jump, this ½ percentage point can make a big difference in your monthly mortgage payment. The below chart highlights mortgage rate fluctuations over the last 3 years, demonstrating the predicted increase on the horizon. Thinking about purchasing a…

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Mortgage Affordability vs Rent Affordability 1024x539 - Comparing the Cost of Homeownership vs Renting

Comparing the Cost of Homeownership vs Renting

According to Zillow, the typical U.S. renter spends nearly $2,000 more per year than they would if that money was going toward their home. Here are some interesting statistics: The median U.S. rent accounts for 29% of a typical household income – up from 25.8% between 1985 and 2000. Today, renters in 34 of the nation’s largest markets spend a greater share of income on rent than they did historically….

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