Discover Our Latest Blogs

Stay updated with our informative blog posts.

Two-Time Close vs. One-Time Close Construction Loans in Upstate SC

Two-Time Close vs. One-Time Close Construction Loans in Upstate SC

Thinking about building in Greenville or the Upstate? Your construction loan choice comes down to one-time close versus two-time close: one closing or two, a locked rate or a rate set when your home is finished, less flexibility or more room for changes. This guide breaks down how each works, why we often favor two-time close, and which one fits your build.

The 5 Most Affordable Places to Live in South Carolina

The 5 Most Affordable Places to Live in South Carolina

From Charleston’s vibrant and historic architecture to its picturesque coastline and charming beach towns, South Carolina offers a unique and appealing lifestyle. Here are 5 of the most affordable places to live in South Carolina. Let’s find out which cities made the list.

Understanding Mortgage Interest: How It Works and What You Need to Know

Understanding Mortgage Interest: How It Works and What You Need to Know

Understanding the intricacies of mortgage interest, loan types, extra payments, and mortgage points is crucial for making informed financial decisions. By grasping how interest rates impact your monthly payments and overall loan cost, you can save money and improve your long-term financial health.

Not a Crash: 3 Graphs That Show How Today’s Inventory Differs from 2008

Not a Crash: 3 Graphs That Show How Today’s Inventory Differs from 2008

Even if you didn't own a home at the time, you probably remember the housing crisis in 2008. That crash impacted the lives of countless people, and many now live with the worry that something like that could happen again. But rest easy, because things are different than they were back then.

Sharply Lower Inflation Brings Fed Rate Cuts Into Focus

Sharply Lower Inflation Brings Fed Rate Cuts Into Focus

There was a lot riding on this week's economic data and it delivered in a big way. The Consumer Price Index (CPI) has had the biggest influence on interest rates of any of the scheduled monthly economic reports, and for good reason.

Stay Secure: How to Shield Your Real Estate Transactions from Wire Fraud

Stay Secure: How to Shield Your Real Estate Transactions from Wire Fraud

Wire fraud represents a significant threat in the realm of real estate and mortgage transactions. Here, we’ll explore what wire fraud entails, how it commonly occurs, and practical measures to protect yourself and your finances.

Why Real Estate Remains a Strong Investment in Today's Market

Why Real Estate Remains a Strong Investment in Today's Market

In an ever-changing financial landscape, many investors are asking whether real estate remains a sound investment. You may be surprised to learn that, despite economic fluctuations, the real estate market continues to demonstrate its value.

Economic Data Building a Case For Rate Cuts

Economic Data Building a Case For Rate Cuts

It may have been a shorter week than normal due to the holiday last week, but it was no less important with several economic reports adding to the case for rate cuts.

Understanding the Current Housing Market: Why Home Prices Are Rising

Understanding the Current Housing Market: Why Home Prices Are Rising

The housing market has been a hot topic of discussion lately, with many sources predicting an imminent crash. Despite these predictions, residential home prices have hit a new all-time median price record high in May and have been on an upward trend for 11 consecutive months. How is this possible?

Slow Start for Rates Gives Way to Volatility With More to Come Next Week

Slow Start for Rates Gives Way to Volatility With More to Come Next Week

The week began with a distinct absence of interest rate volatility, but things changed in a big way by Friday-at least compared to the previous week which was exceptionally quiet.

Do Elections Impact the Housing Market?

Do Elections Impact the Housing Market?

The 2024 Presidential election is just months away. As someone who’s thinking about potentially buying or selling a home, you’re probably curious about what effect, if any, elections have on the housing market.

The Difference Between an Inspection and an Appraisal

The Difference Between an Inspection and an Appraisal

While you may have a general idea of what an inspection is, maybe you’re not sure why you need one or how it’s different from an appraisal. To keep it simple, here’s an explainer of each one and what they mean for you as a homebuyer.

Is AI Being Used in the Mortgage Industry? Yes, But Not Like You Might Think!

Is AI Being Used in the Mortgage Industry? Yes, But Not Like You Might Think!

AI is a topic of considerable debate, but when used appropriately, it’s simply another tool to streamline processes. In the mortgage industry, AI is not replacing human workers; it’s enhancing their efficiency and effectiveness.

June Shaping Up Nicely, But Bigger Tests Are Yet to Come

June Shaping Up Nicely, But Bigger Tests Are Yet to Come

After a rocky start to the year, things began to improve for rates and the inflation outlook in May. June took the improvement to the next level, but this week didn't affect the bigger picture.

The Rising Unemployment Rate Foreshadows Lower Mortgage Rates

The Rising Unemployment Rate Foreshadows Lower Mortgage Rates

The unemployment rate has risen to 4.0% since April 2023, with further increases expected, potentially leading the Federal Reserve to lower interest rates. This could result in lower mortgage rates, making home buying more affordable and competitive, with strategic advantages for early buyers.

Big Inflation Victory Gets Rates Back to Lowest Levels Since March

Big Inflation Victory Gets Rates Back to Lowest Levels Since March

This week was hotly anticipated by investors due to the confluence of economic data and events. Depending on the outcome, interest rates stood to gain or lose quite a bit of ground. Thankfully, the news was almost all good.

Ready to talk about your home loan?

Connect with a mortgage lender in Greenville, SC who takes time to understand your plans. Ask a question, explore your options, or begin your application today.

Talk With Our Team

Prefer to call? (864) 569-0741