There are various mortgage options to consider when it comes to home financing, from conventional loans to government loans. In addition, you can also choose length of terms, and fixed or adjustable rates. Another option you can choose is what we call a balloon mortgage. What is a balloon mortgage? A balloon loan is […]
Getting a mortgage is the first step to becoming a homeowner, but you will be beginning a long-term financial commitment. When you apply for a mortgage, you may wonder if you and your spouse should both apply as co-owners. Here is what you need to know about adding a co-borrower to your mortgage. What is […]
When you’re searching for a home, coming up with a large enough down payment can be challenging. Many home buyers are not aware that they are able to withdraw from their 401k to use for the down payment. Here are the pros and cons of using funds from your 401k to buy a house. What […]
Market Update: Owings Mills, Timonium, and Lutherville Equity Mortgage kvenick@equitymortgagelending.com 443-471-4310 As your local Lutherville mortgage lender, we are always up to date with the changes in the residential market. Knowing how the prices were over the past three years can help predict what the prices are going to be in the future. Having offices […]
Weekly Review The stock market ended higher for the week while bond prices moved ever so slightly higher resulting in the yield on the 10-year Treasury note to fall by less than one basis point on the week. Investors were bombarded by a bevy economic reports, the most significant of which were the inflation measuring […]
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Ken Venick
Phone: 443-471-4310
ken@kenvenick.com