EAH Programs: How an Employer Can Help You Buy a Home
"Now that housing costs have increased, it's creating other variables and other scenarios that were not as important when there was a 3% interest rate," says Phil Crescenzo Jr., division manager at Nation One Mortgage. [...]
‘I willed the house to my grandchildren’: I owe $100,000 over 30 years on my second mortgage. What happens to the balance when I die?
The bottom line: There will be enough time for your heirs to decide if they want to keep the property or sell it, says Phil Crescenzo Jr., vice president of the southeast division of Nation [...]
Compare current 10-year mortgage rates
Phil Crescenzo Jr., vice president, southeast division at Nation One Mortgage Corporation, predicts interest rates will continue to drop in the long term. "Interest rates over the next one to five years are expected to [...]
Home Insurance at $10,000 a Year Shows California Buyers’ Pain
California’s lofty home prices and scarce inventory already amounted to one of the most nightmarish housing markets in the US. Now, challenges securing and affording home insurance in the wildfire-prone state are making it even [...]
What is a short refinance, and how does it work?
While there’s a lot of upside to short refinancing for you as the borrower (namely, the ability to stay in the home with a reduced monthly mortgage payment), there are also some pitfalls to consider. [...]
Buy now, pay later: How do mortgage pros deal with ‘phantom debt’?
Philip Crescenzo Jr., Southeast division vice president at Nation One Mortgage Corp., said he sees lenders estimating the borrower’s assets and comparing them to the BNPL loan balance. “There are a few ways that [...]
