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Gerald Lucas

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3 Ways Credit Monitoring Can Lower Your Mortgage Interest Rate?, How Serial Refinancing Can Hurt You Financially, How Much US Home Price Growth Slowed In January?

April 21, 2026 Gerald Lucas

3 Ways Credit Monitoring Can Lower Your Mortgage Interest Rate?

Real Estate Tip:

Get the best mortgage loan you can when you buy a home so you don't NEED to refinance; if rates improve and refinancing makes sense, aim to do so only once--serial refinancing can be expensive, wasteful & financially destructive because every time you refinance you're increasing your debt.

Real Estate News:

US home price growth slowed in January to 1.3% year-over-year.

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Tags Gerald Lucas, real estate tips, real estate strategies, mortgage rates, interest rates, credit monitoring services, mortgage interest rates, credit score
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What To Do When Your Adjustable Rate Mortgage Increases, First Step BEFORE You Buy Rental Property, US Homeowner Equity Continues Climb

July 16, 2024 Gerald Lucas

What To Do When Your Adjustable Rate Mortgage Increases

Real Estate Tip:

Determine the profitability of a potential rental property BEFORE you make an offer to buy it.

Real Estate News:

Homeowner equity is rising across the United States with New Jersey coming in third highest place among US states with an average increase of $59,000 compared with last year.

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Tags Gerald Lucas, real estate tips, real estate strategies, HARP, ARM, adjustable rate mortgage, mortgage interest rates, HUD
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3 Ways To Protect Your Home From Water Damage, The Benefits Of Batching Renter Showings, Office Owner Blues

May 7, 2024 Gerald Lucas

3 Ways To Protect Your Home From Water Damage

Real Estate Tip:

When you rent a property, set up all appointments to show the property at the same time--this saves you time and creates more urgency for tenant applicants to make a decision.

Real Estate News:

Office owners across the US currently coping with lower building values caused by lower demand and higher vacancies now also face higher property tax bills.

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Tags Gerald Lucas, real estate tips, real estate strategies, housing inventory, home sales, mortgage interest rates, home owners, home sale activity, trade up activity, trade down activity
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