Mark Cole, Chief Executive Officer, HLP
Mark's Articles
Helping Millennials Attain Homeownership
After years of waiting for millennials to start buying homes, it’s finally happening! Millennials currently make up the largest share of homebuyers according to the National Association of Realtors, at approximately 37 percent of all new homebuyers. In particular, older millennials—those ages 29 to 38—make up the largest share of buyers who are married, at.....
Refinance Fever, Take Advantage of Current Low Interest Rates
After the Federal Reserve’s decision in late July to lower interest rates, there was an immediate and dramatic impact on the mortgage market as many families moved to take advantage of the new rates. In the week following the rate cut, new mortgage applications skyrocketed as many families decided that now was the time to.....
Earthquakes and Hurricanes – How to Recover if You Are Affected
With two earthquakes east of Los Angeles and Tropical Storm Barry flooding communities along the Gulf Coast in July, natural disasters have already disrupted the lives of tens of thousands of Americans. And with the heart of hurricane season just around the corner – August through October – we can expect plenty of additional damage.....
Struggling to Pay Bills in Retirement? A Reverse Mortgage Could Make Sense
Once a homeowner stops working and retires, they still have plenty of expenses that can create financial stress. Healthcare often tops the list, but maintaining a house can be costly, too. For example, a new roof or minor improvement projects can easily cost $10,000 or more. And, even though many cities and counties provide a.....
Helping Veterans Overcome Financial Hurdles After Their Service
Not surprisingly, many young military veterans receive little financial education during active duty. Because they are laser-focused on defending our country and doing their duty, there is time for little else. So, once they have been discharged, many are just beginning to learn about saving, as well as how to build their credit and buy.....
Ready to Sell Your Home?
The peak home buying season is now underway, and for every person looking for that perfect home, there’s someone trying to sell it to them. Fortunately, whether selling to move up to a larger home for a growing family, or downsizing for retirement, many people are in good position to cash in. Home sales rose.....