by Irene Moustakas | Nov 8, 2022 | Uncategorized
A Fixed Rate Mortgage is the most common type of loan: The rate and payment is fixed for the life of the loan, depending on the fixed term you choose, with no opportunity for adjustment. An ARM is fixed for a set period of years (typically 5, 7 or 10) and then...
by Irene Moustakas | Oct 4, 2022 | Uncategorized
Today is my 21st anniversary in the mortgage business! I’ve been through quite the ups and downs, from rates being 8.0% when I started, going through the credit crunch era/housing bubble burst of 2008, the wildly low 2%/3% rates of 2020 and 2021, and now the...
by Irene Moustakas | Aug 30, 2022 | Uncategorized
Have you lost out on a home because the seller chose an all-cash offer over yours? It can be quite frustrating, but one of my lenders is now offering a solution, called the “cash compete” loan. This will allow you to offer all cash on a property you would like to...
by Irene Moustakas | May 9, 2022 | Uncategorized
Well, unfortunately, they are currently a reality. For many people just entering the housing market and considering buying, it’s a little easier since this is where interest rates are now and that expectation has been set. For those that were preapproved a few months...
by Irene Moustakas | May 3, 2022 | Uncategorized
Every year, the esteemed Scotsman Guide honors the nation’s top-producing residential mortgage originators. This year, I am graciously excited to receive the 2022 Scotsman Guide Top Originators Award! I qualified as a top mortgage broker, by most loans closed, and by...