Prosperity Blog

TLDR; New rules mean homebuyers may need to pay their agent's commission out of pocket, which can't be financed. Explore options like seller or lender concessions to cover costs, and be ready to negotiate. Plan ahead to manage expenses and focus on finding the right...

TLDR; Home equity loans are better served avoiding or reducing consumer debt, not the opposite. Don’t wait until your credit scores or income prevents you from resolving your financial situation. Here’s how. A cautionary tale Admittedly, not a favorite story to share...

TLDR; Embrace your wealth-generation journey, making the rent vs. buy decision based on your own terms and goals. Your path to prosperity is unique—own it, and let your choices reflect your aspirations. The signal-to-noise problem with real-estate This may surprise...

TLDR; He hated the house he died in, but he had a great rate. How to avoid a similar fate. Opening Salvos for the 2024 Spring Real-Estate Market Waiting for the great interest-rate retreat of 2024. This week, the Federal Reserve announced they still intend to deliver...

TL;DR: This was the easiest method I've used to lose weight. Come for the weight loss, stay for the contentment Let's start with a confession: I was really not enjoying my reflection in the mirror at the beginning of the year, even after a solid month of no alcohol. I...

Expand Your Real-Estate Wealth Faster Using the Simple Debt-To-Income Calculation Banks love to lend; it’s how they make money. Knowing how to calculate your debt-to-income (DTI) can help prevent an overuse of debt, insolvency (the inability to repay), and exclusion...

Planning for a reverse mortgage? You probably are looking for more information and have some questions. This article lays out the most common questions and will help you gain a better understanding of how HECM reverse mortgages work. If you still have questions, we'd...

Whether you're applying for your first mortgage or it's been a while since taking out your last mortgage, understanding the mortgage lending process from loan app to closing can help you better prepare for a successful loan closing. Read on to get an overview of the...