What Is The Average Home Value Increase Per Year?
Your home is more than just a place to live — it’s a long-term investment. As you make mortgage payments, you’re not only covering the cost of the loan, you’re also building equity, which grows over time. Home appreciation — the increase in your home’s value — plays a big role in this process. Here’s […]
Fed Cuts Rates 25 Basis Points; Mortgage Rates Fall to 2025 Low
On September 17, the Federal Reserve announced its decision to cut the federal funds rate by 25 basis points — the first reduction since December 2024. For context, a basis point is one one-hundredth of a percentage point. While this move is aimed at managing inflation and supporting the economy, it could have a direct […]
What Savers Should Do After the Fed’s First Rate Cut in 2025
The Federal Reserve has delivered the rate cut that many analysts were expecting, lowering the federal funds rate by 0.25 percentage points. This brings the target range to 4.00% to 4.25%. While this move is likely to make loans cheaper, it will also impact savers, particularly those with money in high-yield savings accounts. If you’re […]
How Much House Can You Afford? A Smart Guide for Today’s Homebuyers
As America continues to recover from the housing crash, many buyers see opportunity in today’s market. With home prices still competitive and mortgage rates near historic lows, this could be the perfect time to buy a home. But before you start touring open houses, you need to answer the most important question: How much home […]
Bankruptcy Myths Debunked: Fact vs. Fiction
When you hear the word bankruptcy, you might think: failure, broke, bottom, the end, humiliation. But the reality is different. Bankruptcy isn’t the end of the road — it’s a financial tool that can provide relief for people in overwhelming debt. While it’s never the first option you should consider, it may be the right […]
Timing is Everything: When Is the Right Time to Apply for a Mortgage?
Mortgage rates remain near historic lows — but getting the best mortgage experience isn’t just about market conditions. Timing matters. In fact, when you apply during the month can affect how much attention, service, and speed you’ll get from your lender. At CreditVana, we want you to understand not just the numbers behind your mortgage, […]
Peer-to-Peer Lending and Personal Loans — Are They Right for You?
Unlike traditional loans where you apply through a bank or large financial institution, peer-to-peer (P2P) personal loansconnect qualified borrowers directly with everyday investors. These loans function much like unsecured bank loans, but without the high overhead and hidden costs that traditional lenders often pass along to borrowers. At CreditVana, we use advanced analytics to help […]
Why Mortgage Closing Costs Are Rising and How You Can Protect Yourself
For first-time buyers, today’s housing market can look promising. Home prices have leveled off in many areas, and mortgage rates remain near historic lows, making ownership more attainable than in decades past. But while buyers may celebrate lower home prices, there’s a hidden expense waiting at the finish line: closing costs. According to Bankrate’s annual […]
8 First-Time Homebuyer Your Real Estate Agent Won’t Tell You
Buying your first home is exciting — but it can also feel overwhelming. Most new buyers turn to a real estate agent for guidance, and for good reason: the process is complicated, and having a professional on your side can be valuable. But remember: while an agent works for you, the incentives in real estate […]
Avoiding the Most Common Mortgage Loan Mistakes
6 Mortgage Mistakes Every Homebuyer Should Avoid Buying a home is one of the biggest financial moves you’ll ever make. But unlike shopping for a new TV, getting a mortgage is a complex process filled with steps, paperwork, and potential pitfalls. For many first-time (and even repeat) buyers, small errors can cost thousands of dollars […]
