REACH YOUR GOALS Can Financial Planning Really Be Life-Changing? When you think about financial planning, chances are it's not an exciting proposition. However, it could be a truly life-changing event if you take a few minutes to envision the possible results.

Even though the 2024 holiday season is still a few weeks away, plenty of us have already begun our shopping. Since estimates suggest that we'll spend around 3% more than we did in 2023, you'll want to check out our story on planning a gift budget before you hit the stores or surf the Web. Gift shopping may be the only major economic activity many of us choose for the rest of the year, as interest rates seem to be stuck in place for the time being, and early voting has just begun for the November presential election.

November is National Veterans and Military Families Month and also celebrates Veteran's Day. One of ways we like to honor and celebrate our veterans is by sharing the stories of what home and homeownership means to them.  

The VA home loan program is an amazing benefit for our deserving active-duty service members, veterans, and surviving spouses of veterans. While no one could ever repay you for the sacrifices you’ve made, the VA home loan can make your dreams of homeownership just a little easier to achieve.

REACH YOUR GOALS Mortgage Review: Take Advantage of Improving Interest Rates The Federal Reserve is lowering interest rates, and now is the perfect time to take a fresh look at your mortgage. A quick review could yield lasting benefits, especially if you have purchased a home in the past few years or need to tap into your home equity. 

A couple of weeks ago, the Federal Reserve announced a hefty 50-point cut in the benchmark interest rate, which was bigger than the expected 25-point decrease. The Fed's decision to cut rates was mainly fueled by the decreasing levels of inflation, although shoppers are still faced with high grocery prices. It still remains to be seen if the rate cut will encourage more residential home sales, especially as other factors such as labor and economic data also affect real estate markets.

At American Pacific Mortgage, our StaR Loan Program provides mortgage loans for public servants and the other heroes who serve our communities.

The Federal Reserve is lowering interest rates, and now is the perfect time to take a fresh look at your mortgage. A quick review could yield lasting benefits, especially if you have purchased a home in the past few years or need to tap into your home equity. 

It’s no fun to have a lot of debt hanging over your head. It’s even less fun when that balance is large enough to keep you from doing the things you want to do and achieving the dreams you’ve always had.

REACH YOUR GOALS Using Your Equity to Pay Off High Interest Debt High interest credit card debt can suck the life out of anyone. Paying off your credit card debt at today's high interest rates can also take major sacrifice—but it doesn't have to. Not if you're a homeowner, anyway.