Posts Tagged ‘mortgage advice’
Do DFW Home Values Drop in a Recession? The Real Truth You Need to Know
You’ve likely seen the headlines: “Recession fears are growing,” “Home prices could plummet,” and similar narratives. It’s enough to give any homeowner or buyer pause. But as someone with over 23 years of experience in mortgage and real estate, I can tell you—those headlines often stir up fear, not facts. Let’s take a closer look…
Read MoreMortgage Rates in 2025: Should You Lock In Now or Wait for a Drop?
As we navigate through 2025, many of you have been asking about the current state of mortgage rates and what we might expect in the coming months. Let’s dive into the latest insights to help you make informed decisions about your home financing. Current Mortgage Rate Landscape As of February 2025, mortgage rates have been…
Read MoreWill Mortgage Rates Ever Go Back Down to 3% Again?
Ah, the golden days of 3% mortgage rates. It feels like just yesterday, doesn’t it? Many homeowners and prospective buyers are holding onto the hope that we might see those historic lows again. But let’s dive into the reality of the situation. Mortgage interest rates dropping to the historically low level of 3% was primarily…
Read MoreNavigating Your Mortgage in a Changing Economy: Tips for Prospective and Current Homeowners
Hello, it’s Richard here from NEXA Mortgage! As we witness shifts in our economy, understanding the implications on mortgages is more crucial than ever. Whether you’re looking to buy a home or already own one, here’s how you can navigate these turbulent times to make informed decisions about your mortgage. Economic Overview The current economic…
Read MoreWhy Choose a Mortgage Broker Over a Bank? The Reasons Exposed.
Why Choose a Mortgage Broker Over a Bank? The Richard Woodward Team Explains Hello and welcome to our latest blog post! If you’re in the market for a new home, you might be wondering whether to go through a bank or a mortgage broker. Well, here at The Richard Woodward Team at NEXA Mortgage, we…
Read MoreDemystifying Mortgages in Dallas: Your Guide to Understanding How Mortgages Work
Navigating the world of home buying in Dallas can feel like exploring a maze without a map, especially when it comes to understanding mortgages. But fear not! This blog post is your compass, designed to guide you through the intricacies of mortgages with clarity and confidence. Whether you’re a first-time homebuyer, a step-up buyer, or…
Read MoreWhy Did My Mortgage Payment Go Way Up? Mortgage Escrow Accounts and How To Fix It
Understanding Escrow Accounts and Managing Rising Homeowners Insurance Costs Hey there, fellow homeowners! If you’ve recently stepped into the world of homeownership (congrats, by the way!), you might be juggling a lot of new terms and responsibilities. One such term that often pops up is ‘escrow account.’ With the recent hike in homeowners’ insurance rates,…
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