Jackie Cruz

NMLS # 260665

801-272-0600

cruzlending@yahoo.com

Jackie Cruz Mortgage Loan Advisor

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Weighing Your Options: 20% Down Payment vs. Mortgage Insurance

Weighing Your Options: 20% Down Payment vs. Mortgage Insurance

In the intricate dance of real estate, prospective homebuyers often find themselves at a crossroads, faced with the pivotal decision of how much to contribute as a down payment. The classic choice of a 20% down payment remains the beacon of tradition, but

Jan 23, 2024 | Purchasing a Home

Funding Home Renovations with a Cash-Out Refinance Loan

Funding Home Renovations with a Cash-Out Refinance Loan

Your home is more than just bricks and mortar; it's the canvas on which your life unfolds. It's where you create memories, express your unique style, and find solace. When the time comes to breathe fresh life into your home through renovations, you need a

Jan 18, 2024 | Refinancing a Home

The Federal Reserve's Role in Shaping Mortgage Rates

The Federal Reserve's Role in Shaping Mortgage Rates

In the dynamic world of the American economy, one institution holds the reins, steering the course—the Federal Reserve, affectionately known as the "Fed." As the guardian of monetary policy, it exerts a potent influence on various aspects of our fin

Jan 16, 2024 | Purchasing a Home Interest Rates

The Housing Market Looks Promising in 2024

The Housing Market Looks Promising in 2024

Core consumer inflation inched lower in December, with shelter costs the main ingredient. The Core Consumer Price Index (CPI), which strips out volatile food and energy, fell to 3.9% year over year from 4.0% in November. Within the core numbers, it showed

Jan 12, 2024 | Mortgage News

Bouncing Back Stronger: Overcoming Mortgage Application Rejection

Bouncing Back Stronger: Overcoming Mortgage Application Rejection

In the relentless pursuit of homeownership, we inevitably face obstacles. A denied mortgage application can be a tough pill to swallow, but let's not forget it's merely a temporary detour on your journey towards owning your dream home. In this article, we

Jan 11, 2024 | Purchasing a Home

Avoiding Common Homebuyer Mistakes in a Seller's Market

Avoiding Common Homebuyer Mistakes in a Seller's Market

We've been in a seller's market for a while now; the pandemic stirred up massive demand for more residential space, and the supply of homes has not been able to keep up since then. A seller's market can present unique challenges and opportunities for pros

Jan 09, 2024 | Purchasing a Home

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