Pitfalls & Pluses of Doing Business with Family or Friends When Getting a Mortgage

Buying a home is one of the biggest financial decisions most people will ever make. Because of that, many homebuyers naturally feel more comfortable working with someone they already know. I hear this frequently: “We’re using a friend.” “My cousin is handling the loan.” And sometimes that works out wonderfully. There are real advantages to […]

Why Gas Prices Are Rising Even Though the U.S. Produces So Much Oil — And How It Can Affect Mortgage Rates

If the United States produces millions of barrels of oil every day, many Americans naturally ask: “Why are gas prices still rising?” It seems confusing at first glance. The U.S. is one of the world’s largest oil producers and even exports oil to other countries. So why do Americans still experience rising gas prices at […]

Tagged economygas pricesheavy sour crudeHome BuyingHousing MarketinflationInterest Rateslight sweet crudeMagnolia TXMJ Mortgage LLCmortgage lendermortgage newsMortgage Ratesoil pricesReal Estate MarketSal TrapaniTexas oilTexas Real EstateThe Woodlands TX