As housing affordability continues to challenge homebuyers, President Donald Trump has expressed concerns about a proposal that would allow individuals to withdraw money from their 401(k) retirement accounts to use as a home down payment. Trump has emphasized protecting long-term retirement savings, noting that many 401(k) accounts are performing well and should remain focused on..
Category: EB Mortgage
Renovating your home is an exciting opportunity to improve comfort, function, and long-term value—but success starts with careful planning. Whether you’re upgrading a kitchen, refreshing the bathroom, or reimagining your entire layout, these key steps will help keep your project on track. Set a Realistic Renovation Budget Every successful renovation begins with a solid budget…
Thinking about updating your kitchen, finishing your basement, or tackling that long-awaited home remodel? With recent rate drops, this could be the perfect time to start. Interest rates for Home Equity Lines of Credit (HELOCs) recently fell, making it more affordable for homeowners to tap into their home equity. Mortgage rates have also dipped to..
September is National Mortgage Professional Month, a time to honor the people who work behind the scenes—and on the front lines—helping families and individuals achieve the dream of homeownership. At EB Mortgage in Grand Rapids, MI, we’re proud to be part of this tradition of service, expertise, and community commitment. Why This Month Matters The..
If you’re a developer or investor looking to finance a multifamily or residential project in Michigan, the Michigan Pass-Through Bond Program through MSHDA may be a valuable option. Here’s what you need to know: 1. How it works: 2. Types of financing: 3. Program limits and timing: 4. Project requirements: 5. Why it matters for..