Townstone Financial

Townstone CEO Barry Sturner talks about paying off credit card debt with WGN's Steve Bertrand.

Fed increases its target rate yet again! Barry and Zach discuss how something feels "wrong" with the economy.

With the future of mortgage rates and real estate being impossible to predict, the only risk is sitting on the sidelines!

Set up a FREE mortgage consultation at https://townstone.com/consultation-request/

Inflation and the end of the middle class in America. Food, shelter, and energy prices are three of the “stickiest” since they are not optional expenses for the vast majority of people. We continue to watch these prices increase, the affordability index for homes at the worst level since before 1990, and almost every economic indicator pointing towards a recession in the near-future (or being in one already!), what can you do to best protect you and your family in the months and years to come?

Zach and Barry discuss their thoughts on this exciting episode of the Townstone Financial Show.

Townstone has been your #1 mortgage company since 2002! Remember to fill out a FREE consultation for your next home purchase, refinance, home equity line, or home equity loan at https://townstone.com/consultation-request/

Don’t settle for less than Townstone!

Zach HATES to admit it, but BARRY WAS RIGHT!

Mortgage rates continue their upward march and 8% doesn’t seem so unrealistic anymore. So what can homeowners do to minimize the pain?

Refinancing generally doesn’t make sense for homeowners if their existing rate is below the current market. But a new home equity line or loan could be the answer if you’re looking to consolidate other debt and/or lower your overall monthly payments.

Purchase, refinance, home equity line, home equity loan, self-employed bank statements, rental income investment property cash-flow purchase…. We’ve got it all!

Fill out a free consultation today: https://townstone.com/consultation-request/

The HIGHEST mortgage rates in 20 years?!?!

Barry and Zach discuss if these increases are stopping any time soon (hint: nobody knows!)

What we do know is that it's still a great time to purchase a home and stop handing your money over to your landlord!

Credit card debt is increasing to pre-pandemic levels and those 18% or higher rates are not good for anyone!

Get a free consultation TODAY with Townstone Financial to discuss your specific scenario and we will figure out the best way to help you during these uncertain times. https://townstone.com/consultation-request/

Rail Strike is Averted! That could’ve been rough…

In other news, how does one apply to be King? Decree #1: instruct the Fed to continue buying mortgage-backed-securities because inflation doesn’t seem to be tamed yet there seems to be pain in the housing market. Zach thinks this talk of a “soft landing” is bologna and it’s looking more like a hard landing or simply a crash which can hardly be considered a “landing” at all…

Fortunately, homeowner’s still have time to tap the equity in their homes with one of the home equity lines or loans Townstone can help you with.

Unfortunately, renters might continue to feel the pain as costs for landlords increases and they pass those costs on. If you’re looking to change your trajectory and go from a renter to an owner, make sure to fill out a free consultation at https://townstone.com/consultation-request/ today!

Rates might be increasing, but people are sitting on record-levels of equity in their homes. A home equity line or loan can help you access that equity without impacting the rate of your primary mortgage.

Purchase activity is slowing down, but does that mean a price-drop is in the cards for the real estate market? Right now, doesn't seem like it's happening due to supply constraints.

Remember to visit http://townstone.com for a FREE CONSULTATION!

The BEST time to buy a home? Mortgage interest rates, housing inventory, builder expectations, and what you should be doing!

Now offering home equity loans and lines of credit!

Free consultation with a mortgage expert for your next refinance or purchase by visiting www.townstone.com

Have a great rest of your week!

The market giveth and the market taketh away...

2022 has not been pretty for mortgage rates as the average 30 year fixed shot past 5% borrowers have (understandably) been hesitant to refinance their lower-rate existing mortgages, but as the global economy slows, will 3% rates be here again sooner rather than later?

Even if you already have a great rate on your mortgage, you've likely gained significant equity in your home these last few years and it's an excellent time to consider a home equity line of credit or a home equity loan in order to consolidate debt or to simply increase your liquidity.

Finally, believe it or not, inventory is still tight out there! Make sure you're working with the BEST on your next home purchase by filling out a free consultation at www.townstone.com

That goes for ALL purchases, refinances, scenarios, questions, even recipes (if you have good ones). FREE CONSULTATIONS at our website www.townstone.com

After 3 months of rising mortgage rates, might there be an end in sight? Barry sees some possible support levels in the bond market that might indicate mortgage rates have found their new "normal".

Bank Statement loans are still available for self-employed borrowers! Why this could be your path for qualifying.

Debt-Consolidation: should you do a cash-out refinance, home equity line, home equity loan fixed 2nd?

Remember, visit www.townstone.com for a FREE consultation and speak to a mortgage expert today!