Your Favorite Working Mom

Category: Momonomics Mastery: Navigating Personal Finances Like a Pro

  • Will We See 2% and 3% Mortgage Rates Again?

    “Do you think we’ll ever see mortgage rates drop back to 2% or 3%?” It’s a question I hear a lot. Right now, mortgage rates are sitting in the 7s, which makes buying a home feel out of reach for many people. Most experts predict that rates might fall by about half a percent by…

  • Here’s Why I Told My Borrower Not to Buy a House

    I know it might sound surprising, but I recently advised one of my borrowers not to buy a house right away. Instead, I suggested they renew their lease and take a little more time to prepare. Here’s why. They needed to focus on improving their credit score by paying down some debt and saving up…

  • Warning: I’ve Had Friends Who Didn’t Ask These Questions and Totally Got Screwed on Their Mortgage

    Are you feeling nervous about talking to a lender because you’re not sure what to ask? Maybe you don’t fully trust the process. As a lender myself, I get it. That’s why I’m sharing the essential questions you need to ask when getting pre-qualified for a home. Believe me, I’ve seen friends make mistakes by…

  • I Bet You’re Waiting on Home Prices to Come Down

    If you’re like most renters right now, you’re probably holding off, hoping home prices will drop. But before you make that your plan, I want to share three reasons why you might want to reconsider. Don’t worry, I’m not saying you need to buy a house tomorrow or even in the next couple of years.…

  • Can You Buy a Home If You Don’t Make a Lot of Money? Yes, You Can!

    Thinking about buying a home but worried that your income might not be enough? You’re not alone. Many people feel discouraged by their financial situation, but the good news is there are options available for those who don’t make a lot of money. Special Programs for Low-Income Buyers There are programs designed specifically to help…

  • How to Start the Homebuying Process When You Don’t Feel Ready

    How to Start the Homebuying Process When You Don’t Feel Ready Do you feel like owning a home is out of reach? Maybe you don’t have much in savings or worry that your credit isn’t where it needs to be. If this sounds like you, don’t worry—you’re not alone. Most people don’t start out knowing…

  • Debunking the Debt Myth: How to Use Credit to Your Advantage

    Okay, so this may go against most people’s idea that you don’t want to have any debt and that all debt is bad. But I think that’s a bit of a myth and I am going to tell you why: you can actually use debt to your advantage. While it’s true that mismanaging debt can…

  • The 20% down myth of Homeownership

    Title: Unveiling the Mortgage Insurance Hack: The Big Bad Wolf of Home Financing Introduction: In the world of home buying, the big bad wolf is often portrayed as the need to put down a hefty 20% to avoid mortgage insurance. It’s a common belief, and for good reason – it’s what many are told. However,…