Financing – Arlington VA Condos | Every building. Every listing.
September 19, 2024

The Interest Rate-Condo Price Connection

Low interest rates, while often seen as a driver of real estate transactions, can also discourage homeowners from selling their properties. Many owners secured their homes during a period of historically low mortgage rates. These favorable rates made owning a home more affordable by reducing monthly mortgage payments. If they were to sell, they would likely face much higher interest rates when purchasing a new home, leading to significantly higher monthly payments. This "rate lock-in" effect causes homeowners to think twice about selling,
Do you like it?
Read more
August 24, 2024
types of mortgages

The Smart Buyer’s Guide to Navigating Mortgage Choices

Buying a home is one of the most significant financial decisions you'll make in your lifetime. With a variety of mortgage loans available, knowing which one suits your needs can be overwhelming. This guide will help you understand the seven main types of mortgages, offering clear insights into the pros and cons of each, and who they're best suited for.
Do you like it?
Read more
May 10, 2024

The Scorekeepers: The Credit Agencies That Know Your Financial Secrets

If you’ve ever applied for a loan, credit card, or mortgage, chances are the lender has checked your credit report with one or more of these agencies. Understanding how these agencies work and what information they collect is vital for anyone interested in managing their credit and financial well-being.
Do you like it?
Read more
March 7, 2024

Buying a home with your BFF

In an age where the cost of living and homeownership is soaring, the traditional image of the solitary homeowner is quickly giving way to a new trend – the home purchaser with a roommate(s). This strategy has become increasingly popular among first-time home buyers who are looking to break into the real estate market without shouldering the financial burden alone.
Do you like it?
Read more
12