Mortgage | Northern Kentucky Real Estate :: Parker Real Estate Group

How Appreciation and Amortization Benefit Homeowners

Owning a home is not only a place to live but also a valuable asset that can contribute to long-term wealth accumulation. Two key factors that play a vital role…

Written by Mike Parker

August 15, 2023

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Paying Points to Lower the Rate

Two commonly known ways to lower your mortgage payments are to make a larger down payment especially if it eliminates private mortgage insurance and improve your credit score before applying…

Written by Mike Parker

February 2, 2022

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Paying Down Your Mortgage

When the situation arises that you have a lump sum of cash to pay down your existing mortgage, there may be different options available. Pre-paying principal on a fixed-rate mortgage shortens…

Written by Mike Parker

December 22, 2021

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Less to Own Than to Rent

The question is “financially speaking, are you better off owning than renting in the long term?” Renting a home has advantages. It is usually a short-term commitment from year to…

Written by Mike Parker

July 7, 2021

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Before You Pay Cash For a Home

Before you pay cash for a home, ask yourself if there is a possibility, at some point in the future, you might put a mortgage on the home and would…

Written by Mike Parker

April 13, 2021

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It’s Worth Digging a Little Deeper

There are hundreds of thousands of people who believe, for one reason or another, they cannot afford to buy a home currently. Some people may not for any number of…

Written by Mike Parker

September 6, 2020

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Shopping for a Mortgage

A lower rate will not only result in a lower payment, it will amortize the loan quicker. A $250,000 mortgage at 4.5% for 30 years will have a $1,266.71 principal…

Written by Mike Parker

March 10, 2020

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What’s the Difference in Pre-Qualification and Pre-Approval?

Before looking for a home, you need to know how much you can afford. While you may have a number in your head, the lender has the final say. Securing…

Written by Mike Parker

November 12, 2019

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Auto Pay Your Mortgage Payment

In the time that it takes to write one check, you can set it up with your bank and never have to do it again. You won’t have to write…

Written by Mike Parker

April 11, 2019

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Waiting Will Cost More

An economist responded when asked how interest rates would change: “They may fall some and then, rise and after that, they’ll fluctuate.” Just because interest rates have been low for…

Written by Mike Parker

June 18, 2018

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Tag: Mortgage

How Appreciation and Amortization Benefit Homeowners

Paying Points to Lower the Rate

Paying Down Your Mortgage

Less to Own Than to Rent

Before You Pay Cash For a Home

It’s Worth Digging a Little Deeper

Shopping for a Mortgage

What’s the Difference in Pre-Qualification and Pre-Approval?

Auto Pay Your Mortgage Payment

Waiting Will Cost More

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