Rick Therien NMLS #648837-Movement Mortgage

01/01/2024

02/28/2023

Rates are moving in the wrong direction, but a positive rule change could save you hundreds on your monthly mortgage costs.

We break it down in our latest Market Update: https://blog.movement.com/2023/02/24/silver-lining-fha-buyers-rates-slowly-creep-higher/

02/27/2023

Take the guesswork out of building your wealth! Set up an automated transfer that deposits money from each paycheck into a savings account to go toward your down payment goal. It’ll add up quicker than you think! 💸

02/23/2023

Your loan-to-value ratio (or LTV) is a figure lenders use to assess risk and match you with the right loan and terms. It essentially shows how much of a property you’ll own versus how much of it the bank will own. TLDR: Lower LTV = YAY! 🎉 Here are a few tips on how to lower yours.

02/21/2023

Simmering inflation has pushed mortgage rates back up for now. Keep an eye on the volatile economy with our weekly Market Update so you can be informed on your homebuying journey.

https://blog.movement.com/2023/02/17/inflation-still-simmering-rates-rise/

02/16/2023

YOU. ARE. SO. CLOSE — to becoming a HOMEOWNER! 🤩 Once the contract is signed, there are just a few key steps left for everything to be officially official. Then...⁣
⁣
It's the final countdown!⁣
Dun dun dun dun!
Dun dun dun dun dun!
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Sorry. We just can't help ourselves sometimes. 🎸

02/14/2023

Demand is making a comeback as mortgage rates remain relatively stable. If you’re in the hunt for home, check out our Market Update to get the latest ⬇️

https://blog.movement.com/2023/02/10/fed-remains-hawkish-2023-rates-remain-mostly-stable/

02/13/2023

Having no credit can make lenders a bit hesitant. You want to show a track record of good credit decisions! If you're thinking of buying a home soon and haven't started building your credit, consider opening a credit card or two. Make a few purchases, then pay the cards off in full each month. 💳

02/09/2023

You know what's more fun than playing 21 Questions? Preparing to become a HOMEOWNER! And look — getting started requires way fewer than 21 questions. 🤓

02/07/2023

Mortgage rates are down almost a full point from last November. So why are you still waiting to jump into the homebuying game?

Check out our latest Market Update for details: https://blog.movement.com/2023/02/03/mortgage-rates-continue-trend-lower/

02/06/2023

Thinking of building instead of buying?! 🔨 Financing for new homes works a bit differently than it does for conventional loans. For example, construction loans generally have a shorter term than traditional mortgages, and a higher interest rate applied to them. Visit blog.movement.com to learn more — and happy building! 👷

02/02/2023

Escrow is a fancy term for a third-party holding onto the money involved in purchasing a home until it’s time to be paid. It’s a way to protect both the buyer and seller in the home loan process. Now go use your fancy new word and begin your journey to homeownership!