Bob Ramalho

Berkshire Hathaway - Verani Realty

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Bob Ramalho September 13, 2022

How Your Home Equity Can Help You Reach Your Retirement Goals

If you plan on retiring soon, you are probably looking at a few options that can get you over the hump. You are probably excited to start a new phase of life. With a record number of people closing in on their retirement age, many are starting to assess their resources to make sure they have enough money to last them for the rest of their lives. If you already own a home, you might be able to tap into your home equity to help you fuel your retirement. Your Home Has Probably Gone Up In Value Your … [Read more...]

Filed Under: Real Estate Tagged With: Equity, Real Estate, Retirement

Bob Ramalho September 12, 2022

What’s Ahead For Mortgage Rates This Week – September 12, 2022

Last week’s economic reporting was minimal due to the Labor Day Holiday. Fed Chair Jerome Powell Weekly readings on mortgage rates and jobless claims were also released. Fed Chair: Rates Expected to Remain Higher Chair Powell said that interest rates will remain high for a longer than expected time as “history cautions against prematurely loosening [monetary] policy.” The Federal Reserve has a legislative mandate to maintain its target interest rate range at or near 2 percent, … [Read more...]

Filed Under: Financial Reports Tagged With: Case Shiller, Financial Report, Mortgage Rates

Bob Ramalho September 9, 2022

Consider A Home Renovation Loan To Navigate A Challenging Housing Market

Today, there are many people who are having a difficult time purchasing a house. Even though interest rates have gone up, sales are still happening quickly. Therefore, it can be difficult for people to qualify for a mortgage, purchase a house, and get to the closing table before the property is sold. One potential way to get around the hot housing market is to consider a home renovation mortgage. How can a home renovation mortgage help you?  A Renovation Loan Can Help People Buy A Less … [Read more...]

Filed Under: Real Estate Tagged With: New Home, Real Estate, Renovation Loan

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