Credit scores have become increasingly important in today’s banking system, but they’re not taught in schools and are often misunderstood. Many consumers assume credit is simply about paying bills on time, but the reality is there are a lot more layers than that. Credit scoring is built around risk analysis, predictive behavior, and proprietary formulas […]
Between 2020 and 2026 home values saw a nation home price appreciation north of 50%. Meaning right now, many homeowners are sitting on record levels of equity. Many people also locked in historically low interest rates, which kept payments stable while values climbed. The result is a large amount of untapped capital sitting inside homes. […]
What does the Federal Reserve actually do? As I write this Kevin Warsh is slotted to take over the head of the Federal Reserve as Jerome Powell comes to the end of his term. It’s all-over national news, but few people know what the Federal Reserve does or how it does it. So, let’s talk […]
For many Maryland buyers, saving for the down payment is the biggest hurdle between renting and owning. The good news is that Maryland offers down payment assistance at three different levels: local programs, state programs, and national programs. The challenge is that these programs are not one size fits all. Some are forgivable after a […]
How to Fund Your First House Flip (Without Putting Yourself in a Bad Spot) Getting into your first house flip is exciting, but the financing side is where most new investors either set themselves up for success, get completely discouraged, or worse, take on unnecessary risk. Unlike traditional home purchases, flip financing isn’t always straightforward. […]