axos bank review

Axos Bank In-depth Review

Founded in 2000 as a digital bank, Axos Bank has since grown into a full-fledged, tech-based financial services company. It serves individuals, businesses, and institutions. A key benefit of this bank is that it incurs lower overhead costs compared to traditional banks. This results in more favorable rates, terms, and fees for their customers. Axos Bank’s products include: […]

See how Figure HELOC loans are changing the way we see home equity lines of credit.

Figure is a San Francisco-based financial technology company led by co-founder and CEO Mike Cagney. You may recognize Cagney’s name as he was the former co-founder and CEO of SoFi. Cagney launched Figure in stealth mode at the beginning of this year, leaving many people wondering what it was up to. Well, the cat is out of […]

Will Baby Boomers Trigger the Next Housing Bubble

With real estate prices rising for almost a decade, there has been much speculation on the next housing bubble popping. The last housing bubble didn’t end well, to put it mildly. There was a glut of housing available – so much so that lenders started giving mortgages (so-called “subprime mortgages”) to almost everyone who wanted to buy a […]

Reverse mortgage SuperMoney

A reverse mortgage is a loan for homeowners who are 62 and older who want to convert part of the equity in their home into cash (usually tax-free). The borrower keeps the title of the house and is still responsible for paying property taxes, utilities, home insurance, maintenance, and other related costs. It can be a great […]

Chinese Real Estate Investors Reverse Decade-Long Buying Spree

Since 2008, Chinese real estate investors have spent tens of billions of dollars on commercial properties in the United States. In many cases, they’ve overpaid to acquire hotels, office buildings, and empty lots to build new residential spaces. But according to a report by the Wall Street Journal, all of that came crashing down in […]

mortgage industry study

2018 Mortgage Industry Study

This comprehensive mortgage industry study investigates multiple data sources to reveal important mortgage industry trends and statistics. The mortgage industry plays an integral role in the U.S. economy. In 2017, only 21% of people who bought a home paid all-cash for their purchase. Everyone else got a mortgage. Residential property not only provides housing and […]

fixed APR Vs. Variable APR

Are you currently shopping for a credit card, mortgage, or any other type of loan? If so, one of the first questions to ask yourself is which type of annual percentage rate (APR) is right for you. You have two options: fixed or variable. A loan with a fixed APR has an interest rate that typically stays the same […]

How long do you have to live in an FHA house?

FHA loans are an attractive opportunity. These home mortgages have easier qualifying guidelines, and the minimum down payment is just 3.5% of the loan amount. Those easy terms appeal to both investors who want to buy a rental property and home buyers who intend to occupy the home themselves. However, only owner-occupants can qualify. The question, is how […]

Section 8 Housing

Everyone deserves to live in a decent, safe, and sanitary home. But not everyone can afford a home that meets those criteria. That’s why the federal government offers the Section 8 Housing Choice voucher program, which subsidies rent for very low-income families, as well as elderly and disabled people. Section 8 recipients aren’t forced to live in housing […]