Homebuyer FAQ Series: Mortgage Basics Every Homebuyer Should Know Buying a home is one of life’s biggest milestones, but the mortgage process can sometimes feel like it comes with more questions than answers. From closing costs to pre-approvals to mortgage insurance,...
The Rise of Mortgage-Free Living: What It Means for Downsizers If you’ve been thinking about downsizing to lower your expenses, be closer to family, or just make life easier, here’s a trend worth paying attention to: More homeowners are buying their next house...
Why Mortgage Rates Went Up After the Fed Cut Rates Last week, the Federal Reserve announced a widely anticipated interest rate cut, lowering the federal funds rate by a quarter of a percentage point to a target range of 4.00%–4.25%, which is the first cut since...
Trigger Leads Are Ending: What That Means for Your Homebuying Journey If you’ve ever applied for a mortgage and noticed your phone blowing up with calls, texts, or emails from unfamiliar lenders, you’ve likely experienced what’s known as a trigger lead. It’s a...
High-Yield Savings, Mortgage Loans, & Business Banking Made Simple When you think of a bank, you might think of checking accounts, savings accounts, and maybe a loan or two. But at Luminate Bank, we’re built to be more than that. We’re here to be your financial...
Why Today’s Housing Market Isn’t a Repeat of 2008 You’ve probably seen the headlines: “New home inventory is at its highest level since the crash.” If you remember 2008, that kind of language can stir up a little anxiety. But before you assume history is repeating...
