Home Loans Archives | The Richard Woodward Team Nexa Mortgage

Will Mortgage Rates Ever Go Back Down to 3% Again?

Ah, the golden days of 3% mortgage rates. It feels like just yesterday, doesn’t it? Many homeowners and prospective buyers are holding onto the hope that we might see those historic lows again. But let’s dive into the reality of the situation. Mortgage interest rates dropping to the historically low level of 3% was primarily…

Going through the mortgage process can be scary and confusing, but with the right information, it becomes much more manageable. Here are the top 10 questions I frequently receive from clients, along with detailed answers to help you understand the ins and outs of getting approved for a mortgage. Do I need to get prequalified…

Why Choose a Mortgage Broker Over a Bank? The Richard Woodward Team Explains Hello and welcome to our latest blog post! If you’re in the market for a new home, you might be wondering whether to go through a bank or a mortgage broker. Well, here at The Richard Woodward Team at NEXA Mortgage, we…

Questions to Ask Your Loan Officer: Do I Qualify for Any Down Payment Assistance Programs?

Hey there homebuyers! If you’re a young homebuyer under 35, you’re likely facing a mix of excitement and uncertainty about entering the world of home ownership and real estate. One of the biggest challenges can be coming up with the down payment – that initial chunk of change needed to secure your dream home. But…

Buying A Fixer Upper Home Is Easier Than You Think

Buying a fixer-upper can be easy if you work with the right team. According to noted penny pincher Dave Ramsey, if you’re in the market for a fixer-upper, chances are your competition is slim. That’s great news because it means the odds for scoring a sweet deal are in your favor. The current real…

Great credit is a wonderful thing to have. Here are the Dos and Don’ts of credit advice. If healthy credit is something that you’re serious about, you’ve probably been searching for information or talking to friends and family. It’s important to pay attention to where you’re getting your information from. People tend to gather information…

What are the best renovations to make to your home before selling it? What about just for overall value improvement for your Dallas home? Thanks to our friends at Keeping Current Matters and HGTV, we have some numbers for you. If you are planning to sell your Dallas home, I can help you with a…

Mortgage rate update for Dallas Texas November 16, 2018. Mortgage rates improved slightly this week in response to a comment from Vice-Chairman statement cautioning on global economic slow down. He stated that it could begin to affect the US and this resulted in the bond yield declining. Additional blog post you should read. How to…

Mortgage Interest rate update for Dallas Texas October 26 2018. Current Mortgage Rate Trend Direction: Modestly higher Advise for Clients for mortgage rate lock: Continue floating as Stocks endure pain, for now Disappointing earnings from Google and Amazon are pushing Stocks lower again this morning, while giving Bonds a boost higher. Today’s drop in Stocks…

The New Reverse Mortgage - What you need to know Seminar

Residents of Dallas, Plano, McKinney, Frisco – and those who live in the surrounding areas: you have the opportunity to learn about the reverse mortgage program at an in-person seminar on, September 13th from 10:30 a.m. until 1 p.m. [icon name=”arrow-right” class=”” unprefixed_class=””]Did you know that with an FHA insured reverse mortgage that you or…