Blog2018-09-08T06:27:59+00:00

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October 2018

October Market Update

  https://youtu.be/nCFgjR3D0PU Today I wanted to give an update on how rates are doing. I know it's October but don't get spooked by today's shifting Real Estate Market. Press Play to watch! Have Questions? [...]

August 2018

7 Things to Do Before You Retire

    If you plan to retire soon, now is the time to start planning for your transition into retirement. You will need to set up new health insurance, max out your workplace benefits while [...]

May 2018

Market Update : May

In this market update, Justin Brown with the NuHome Team of Cross Country Mortgage sheds some light on how interest rates have risen this past month, the issue with rising housing prices and zero wage [...]

VA Benefits

As a veteran or other qualifying service member,  you’re entitled to numerous home financing benefits. A VA home loan or refinance from CrossCountry Mortgage, Inc. can help you achieve your homeownership goals while keeping more [...]

April 2018

Save a Deal!

Justin Brown here, Do you feel like your escrow is falling apart because of your current lender's inexperience? Look no further, we'er known to close difficult loans! If we can't close your clients loan we [...]

Market Update

Want to know what's going on in the market? Watch this video to stay in-the-know! Welcome back to Justin's Market Update. Today we talk about rates good and ugly-- and if ts its a good [...]

Market Update: April 2018

Justin Here, With Your Market Update! Interest rates – are they increasing? Decreasing? Will they stay the same? In this Market Update, Justin Brown with the NuHome Team of Cross Country Mortgage sheds some light [...]

March 2018

February 2018

Market Update – January 2018

As the first month of 2018 comes to its close and the economy remains in good health, we've noticed a 9-month record high for rates. In this market update, Justin Brown with the NuHome Team [...]

85 percent of millennials expect to own a home—here’s how to buy one, in 8 steps

Most young people expect to own a home at some point in their lifetime: 85 percent, according to Aperion Care, which surveyed 2,000 millennials to get a sense of what they think about aging, retirement and their [...]

January 2018

December 2017

Market Update December 2017

Check out the latest news that might impact you as a home owner or someone in the Real Estate industry!  Home prices have been rising faster than they ever have over the past 3 years.  [...]

November 2017

October 2017

Market Update – October 2017

Interests rates - are they increasing? Decreasing? Will they stay the same? In this market update, Justin Brown with the NuHome Team of Cross Country Mortgage discusses the current state of interest rates, his forecast [...]

September 2017

Market Update – September 2017

Justin Brown is back with vital information regarding how YOU may be eligible to save A LOT of money. In this market update, Justin Brown with the NuHome Team of Cross Country Mortgage discusses the [...]

Tax Benefits of Home Ownership

Did you know there are several tax benefits of home ownership? Reach out to us today to learn more! We'd be happy to share these benefits with you!

July 2017

What Are Supplemental Property Tax Bills?

Do not buy a home without first educating yourself on supplemental tax bills!  These cause a lot of frustration and financial surprise to homeowners that are not educated on how they work.  Expect to get [...]

Market Update – July 2017

Interest, housing prices, and multiple offers - oh my! In this market update, Justin Brown with the NuHome Team of Cross Country Mortgage sheds some light on how interest rates have risen this past month, [...]

June 2017

Market Update – June 2017

Imagine potentially buying a home with only 1% down! In this market update, Justin Brown with the NuHome Team of Cross Country Mortgage explains this new conventional loan, a new 5% Jumbo Loan option, as [...]

May 2017

Market Update – May 2017

If you have high-interest rate student loans, then you’re in luck! In this market update, Justin Brown with the NuHome Team of Cross Country Mortgage discusses a new way for those with student loans to [...]

April 2017

MARKET UPDATE – APRIL 2017

Since the middle of March, interest rates have become more stable. Government loans such as VA and FHA are in the high 3’s and low 4’s while conventional loans are in the low 4’s and [...]

Saving for a Mortgage Down Payment? 4 Tips That Will Help You Get There Faster

For most people, the idea of saving more money each month is enough of a burden without having to think about investing in a home. A down payment, however, will require a lot more saving know-how and a lot more in liquid assets in order to be able to buy. If you're trying to find ways to save a bit more each month, here are some sure-fire tips for raising the extra funds.

Til’ Debt Do Us Part: How to Get a Mortgage If One Spouse Has A Poor Credit Score

A poor credit history is a reality for many people, but it can be particularly daunting when it comes to investing in a house. Fortunately, simply because you or yours have experienced bad credit doesn't mean that you should be penalized in the future. If your spouse has struggled with bad credit in the past but you're both preparing to move forward and invest in a home, here are some tips for getting it together financially.

Read This Before You List Your Home

When a homeowner decides to sell their house, they obviously want the best possible price for it with the least amount of hassles along the way. However, for the vast majority of sellers, the most [...]

It’s Tax Time: Learn How Buying a New Home Can Help to Reduce Your Tax Burden

Most people do not look forward to tax time, whether they get money back or not, but as a homeowner there are a lot of things you can do that will help to reduce your taxes and get you a refund. If you're getting prepared to invest in a home and are wondering how it can benefit you, here are some deductions you'll want to watch out for.

Buying a Home With a Mortgage? Here’s What You Can Expect at Your Closing Meeting

If you've decided to invest and have finally found your ideal home, it's probably an exciting time for you and your family. But before the deal is sealed, there will be a closing meeting so that all of the loose ends can be tied up. If you want to be ready for closing and are curious what the final meeting will entail, here are a few things to be prepared for.

Your Debt-To-Income Ratio and How It Affects Your Mortgage

When you're delving into the market in the hopes of finding your dream home, it's likely you'll come across the term debt-to-income ratio. This may not seem important at first, but your DTI is the key to determining the amount of money you can put into your home and just how much you should spend on a monthly basis. If you're curious about what this means for you, here's how to calculate it and how it can impact your mortgage.

Understanding Mortgage Amortizations and Why Longer Periods Can Cost More

Buying a home is one of the largest investments you will make in your life, and that's why so many people have longer mortgage amortization periods to pay down the principal. While it may seem appealing to have a longer amortization period, here's why an extended loan term can end up costing you more and may be less financially beneficial when it comes right down to it.

March 2017

Student Loans vs. Down Payments: 3 Ways You Can Manage Both and Buy a New Home

The idea of paying off your student loans and buying a home at the same time can seem like an impossible feat given the impact on your Debt-to-Income (DTI) ratio. However, there are ways it's possible to have enough funds and good enough credit to make your dream of home ownership come true a little more quickly.

Trim Your Mortgage Closing Costs by Following This Easy 3 Step Guide

You may be so busy with determining your debt-to-income ratio and deciding what kind of offer to make that closing costs have gotten lost in the mix, but it's important to remember that finalizing your mortgage will cost you extra. While there's no way to get around paying money to solidify your mortgage, there are a few steps you can take in order to make it more economical for you.

Worried About Climate Change? Here Are 4 Ways to Make Your Home More Climate Friendly

Many people are concerned with having a negative impact on the environment, but it can be hard to know where to begin when it comes to climate friendly solutions around the home. Whether you're planning for a future investment or are interested in fixing-up the home you're in, here are some solutions for greening up your personal space that won't bust the bank.

Renovating on a Budget? Check Out These Equity-boosting Inexpensive Home Upgrades

The idea of embarking on home renovations may strike many homeowners as an expensive one, but there are plenty of ways that you can easily upgrade your home without spending a lot of money. If you're looking for improvements that will truly (and frugally) improve the value of your home, here are a few do-it-yourself options you may want to consider.

Spring Is Real Estate’s ‘Rush Hour’ — Here’s How to Tell If You’re Prepared

The most popular time of year to buy a home is in the spring, and this means that if you're preparing yourself for getting into the real estate market, you may be experiencing a time crunch. If you're wondering if you'll be ready to put your home up for sale in time to take advantage of the season, here are few things you'll want to think about.

Is It Still Possible to Get a Mortgage With Zero Down? Yes – and Here’s How

When it comes to investing in a mortgage, the down payment is key in making your investment a reality and proving to lenders that you're a safe bet. However, while most opportunities for putting zero down on a home have disappeared since the recession, there are still a few ways to buy without putting money down. If you're currently weighing your options, here's what you need to know if you don't have a down payment ready.

Real Estate Investment: Three Telltale Signs You’re Not Cut Out to Be a Landlord

The idea of purchasing a property and having renters can be an exciting business venture that offers lucrative financial rewards. However, there's a lot involved in being a successful landlord and it's important to be aware of what's required before making the commitment. Whether you're investing in one rental property or five, here are some questions you should ask yourself before getting involved.

Buying a New Home? Three Major Mortgage Missteps That You’ll Want to Avoid

Buying a home is one of the biggest financial investments you'll make in your life, and it's important to make sure that you're doing what will be right for you down the road. If you're trying to avoid buyer's remorse and are wondering what major missteps to avoid when diving into the market, here are a few things you may want to watch out for.

What’s Ahead For Mortgage Rates This Week – March 20, 2017

Last week's economic readings included reports on inflation and core inflation, the National Association of Home Builders Association Housing Market Index and Federal Reserve FOMC statement and press conference by Fed Chair Janet Yellen. The Commerce Department released reports on housing starts and building permits issued.

Spring Fever: How to Detect If Allergy Hotspots Are Developing in Your Home

The spring season may be a time of cherry blossoms and longer days, but it's also common for allergies to ramp up. While you won't be able to stop the season, there are things you can do to limit the impact of allergies in your home. If you're wondering what has the greatest impact on your sinus health in the home, here are a few places you'll want to check out.

NAHB: Home Builder Confidence Highest in 12 Years

According to the National Association of Home Builders Housing Market Index for March, builder confidence in market conditions reached its highest level in 12 years and was six points higher than February's index reading of 65.

Mortgage 101: Five Key Mortgage Terms You Need to Understand

From putting your home on the market to finding the lender with the best rates, there are so many things involved in buying a home that the terminology is just one more thing to add to the list. While there may be quite a few words you'll hear that may be unclear, here are a few you'll want to watch out for so you'll be prepared for home ownership.

What’s Ahead For Mortgage Rates This Week – March 13, 2017

Last week's economic readings included reports on construction spending, Case-Shiller Home Price Indices and pending home sales. Fed Chair Janet Yellen said in a speech that federal interest rates would "likely" be raised. Weekly reports on new jobless claims and mortgage rates were also released.

What’s Ahead For Mortgage Rates This Week – March 6, 2017

Last week's economic readings included reports on construction spending, Case-Shiller Home Price Indices and pending home sales. Fed Chair Janet Yellen said in a speech that federal interest rates would "likely" be raised. Weekly reports on new jobless claims and mortgage rates were also released.

Thinking About Refinancing Your Mortgage? 4 Ways to Ensure It’s Worth Your Time

If you're familiar with the real estate market, you've likely heard the term 'refinancing' and may be wondering what this can mean for your mortgage and your financial well-being. While refinancing can be a great benefit for those who are looking for a lower interest rate or a different mortgage type, here are the details on what it can offer and whether or not it will work for you.

Case-Shiller: December Home Prices Highest in More Than Two Years

December home prices continued to rise per December readings for Case-Shiller's National and 20-City Home Price Indices. On average, national home prices increased by 5,80 percent year-over-year and exceeded November's year-over-year reading of 5.60 percent. The 20 City Index, which analysts follow more closely than the National Home Price Index, posted a year-over-year gain of 5.60 percent in December, which exceeded an expected reading of 5.40 percent and November's year-over-year reading of 5.20 percent growth.

Selling Your Home? 3 Ways You Can Use Your Social Network to Speed up Your Sale

There are many traditional ways to sell your home, from the MLS listings to a sign in the front yard. However, the ease of the Internet and the utility of social media can make it easier than ever to find the right buyer. If you're getting prepared to put your home on the market and are trying to determine a strategy, here are some ways you can use social media to improve your selling odds.

February 2017

3 Mortgage Scams to Be Aware of and How to Protect Yourself From Them

It's easy to be enthusiastic and excited about the prospect of home ownership, but it's important to be aware that there are many ways potential buyers can be taken advantage of. If you're on the market for a home and are trying to find the mortgage that will best benefit you, here are some of the tricks you may want to be wary of.

What’s Ahead For Mortgage Rates This Week – February 27, 2017

Last week's readings on new and existing home sales provided further evidence of strengthening housing markets. Both categories of home sales exceeded December's readings. Consumer sentiment was lower in February than for January and average rates were mixed with fixed rates higher and the rate for 5/1 adjustable rate mortgages lower. Consumer sentiment lower in February.

5 Things Nobody Tells You About Selling Your First Home

It's often so exciting to think of buying a new home that homeowners forget about the sale, but there are a lot of details involved in putting a home on the market. Whether you're just considering selling or are readying to put your home up, here are some things you might not know about the process.

Did You Know: 3 Reasons Why Mortgage Pre-approval Should Be Your Very First Step

There are so many details involved in the mortgage process that you may not be aware of what pre-approval is if you've just entered the market. However, pre-approval assesses your ability to make monthly mortgage payments and can be an important first step in the home-buying process. If you're currently contemplating a home purchase, here's why you may want to consider pre-approval first.

What’s Ahead For Mortgage Rates This Week – February 21, 2017

Last week's economic releases included readings on housing starts, building permits issued and the National Association of Home Builders/ Wells Fargo Housing Market Index. Fed Chair Janet Yellen testified before the House Finance Committee and consumer spending and core consumer spending reports were also released. Mortgage rates and new jobless claims were little changed week-to-week.

Questions About the Home Buying Process?

Not sure how much you might need for a down payment?  Curious about the fees and costs involved in buying a home?  Not sure how to find the right Realtor?  Maybe you're not even sure [...]

Call in the Pros: 4 Ways That Using a Mortgage Professional Will Save You a Lot of Money

It may seem better to go it alone when it comes to acquiring a mortgage, but there are many benefits associated with using a mortgage professional that can make finding your dream home a lot easier. If you're currently getting prepared to hit the market and are weighing your options, here are some reasons that a professional who knows the neighborhood will save you money.

MARKET UPDATE – February 2017

What’s the latest in the market today? Jobless claims are currently at a 43 year low, but the quality of available jobs is still not great.  These are lower paying jobs without wage growth. Additionally, [...]

Buyer’s Remorse: 3 Things You Should Never Say When You’re Negotiating to Buy a Home

The prospect of finding the home you've always dreamed of can be such an exciting prospect that it's easy to forget all about the process of negotiating. However, it's important to keep a few things to yourself when it comes to the art of making the deal. If you're currently searching for the right place and are preparing to sign on the dotted line, here are a few phrases it's best to avoid.

The 2017 Mortgage Rate Outlook: Here’s What the Experts Are Saying

The post-election period is often one of uncertainty, and the time since the 2016 election has been no different with regards to market force and the financial world. With a new administration taking office, there are many questions regarding how Donald Trump's presidency will impact the market and your mortgage.

Buying Real Estate vs. Buying Stocks: Here’s Why a Home Should Be Your Priority

Once you're done with debt and you've started to save, it's commonly the case that you'll start hearing about the risks and rewards of investing in stocks or real estate. Unfortunately, it can be difficult for many people to know what type of investment is going to work better for them down the road. If you're currently considering what you should put your money into, here are some reasons you may want to turn to real estate.

Struggling to Sell Your House in the Winter? Try These Innovative Home Staging Tips

With all of the busyness of the winter months and most people settling in for the season, it can be hard to achieve a successful home sale at the end of the year. Fortunately, if you simply can't wait to put your home on the market, here are some staging tips that will engage potential buyers so you won't have to wait much longer for an offer.

What’s Ahead For Mortgage Rates This Week – February 6, 2017

Last week's economic news included several good signs for U.S. Labor Markets with higher than expected readings for private and public sector job creation. The Federal Reserve announced its decision not to raise the target federal funds range, and inflation rose. Mortgage rates held steady and pending home sales rose.

Thinking About Buying a ‘Fixer Upper’? Here’s What You Need to Know

With all of the home renovation and fixer-upper shows on television, the idea of completely renovating and re-doing an old home can seem like an enticing premise. Unfortunately, investing in the wrong fixer-upper can mean an awful lot of expenditure without the added financial rewards. Whether you're considering investing down the road or are ready to dive in, here are a few things to consider first.

Case-Shiller: Home Price Growth Continues

November home prices grew by 5.60 percent year-over-year on a seasonally adjusted basis according to Case-Shiller's reading on National Home Prices. National average home prices rose 0.80 percent from October to November. Case-Shiller's 20-City home price index revealed that the West and Mountain regions continue to hold the top three growth rates for home prices.

January 2017

Is Your Rent Increasing Year After Year?

Is your rent increasing year after year?  There are many benefits to owning your own home.  Put your rent money towards your own property---something you can call YOURS.  Owning a home acts as a source [...]

December 2016

Spend Too Much Over The Holidays?

With the Holidays coming to a close, your bank account has likely taken a significant hit over the past couple of months.  New Years resolutions are often filled with a resounding desire to spend less [...]

Christmas Toy Drive

To give a toy means giving JOY!  Drop off a new unwrapped toy (Age 1-14) at our office from now until 12/20/16 and we will donate it to Freddy and Isaiah's Helping Hands.  Join us in bringing [...]

November 2016

Applying For A Mortgage? 3 Easy Ways To Make The Process Easier — And Reduce Your Stress

There are more than enough details involved in getting a mortgage and moving into your own home that you’ll want to know how to make the process as seamless as possible beforehand. However, there’s a [...]

October 2016

Planning To Get A Mortgage In 2017? 4 Reasons Why It’s Time To Start Paying Down Other Debts Now

Buying a home is an ideal investment for many people because not only is it a place that belongs to them, it can also be very beneficial financially. While you may be strongly considering buying [...]

Yelp Review Worth Sharing

Hi NuHome Family and Friends, I wanted to share a recent Yelp review that really struck a chord because it truly spells out our client’s experience from beginning to end.  We are all far from [...]

September 2016

What’s Going On In The Mortgage Market?

Check out this month’s Market Update for current rates and for the latest on the real estate and mortgage market.  If we can help you or anyone you know to better understand their options, we [...]

August 2016

July 2016

October 2015