Category: General

Halloween Fun in Pasadena & Opportunities with Scout Lending

Pasadena, California, is a city rich in history, culture, and community spirit. When Halloween arrives, the city transforms into a haunted haven filled with festive events, family activities, and thrilling scares. From haunted houses to pumpkin patches, there’s Halloween fun in Pasadena for everyone. As the season approaches, enjoy the festivities and explore real estate […]

Homeowner Equity Insights 2024: A Bright Outlook

The real estate landscape is marked by several challenges, including high interest rates and a tight home supply, which may pose difficulties for prospective buyers. However, one of the most encouraging developments in the current market is the significant growth in homeowner equity. At Scout Lending, we emphasize the importance of staying informed about these […]

Recognizing Deceptive Mortgage: Loan Ads and Offers

In the world of real estate, securing the right mortgage is as critical as finding the perfect home. However, the journey to homeownership or refinancing can often be clouded by deceptive loan advertisements and offers. At Scout Lending, we are committed to transparency and education. We aim to empower you with knowledge in recognizing deceptive […]

Mortgage Rates: Predictive Insights from Scout Lending

As we navigate through the complexities of today’s financial environment, understanding the movement of mortgage rates becomes increasingly crucial for homeowners and prospective buyers alike. At Scout Lending, we pride ourselves on providing detailed, expert-driven insights into what the future holds for mortgage rates, especially looking toward May and beyond. Here, we dive deep into […]

Mortgage Rate Drop: Lifts Home Inventory to 4-Year Peak

In recent months, the real estate market has experienced a notable shift. With the recent mortgage rate drop, we are witnessing a surge in the number of homes available for sale, reaching levels not seen in the past four years. This development is bringing fresh opportunities for buyers and revitalizing the housing market. At Scout […]

Take-Home Pay on Mortgages: Americans Spend 30%

In an era where financial stability is increasingly precarious, the burden of mortgage payments is a significant concern for many American households. Scout Lending’s recent analysis reveals a troubling trend: Americans spend 30% of their take-home pay on mortgages. This spending habit, which exceeds the threshold recommended by financial experts, signals potential financial distress and […]

US Existing Home Sales Dropped: Median Price Increases

In March, the US existing home sales dropped, yet saw an increase in median prices. It indicates a complex interplay of factors influencing the real estate sector. This trend poses challenges and opportunities for potential homebuyers and sellers, as well as companies like Scout Lending, which provides lending services and assistance to those navigating the housing market. […]

Fair Housing Reflections: Equity in Southern California’s Market

As we commemorate National Fair Housing Month, it is imperative to reflect on the progress made in ensuring equitable access to housing for all individuals and families across the United States. The Fair Housing Act of 1968 stands as a beacon of hope, striving to eliminate discrimination in housing based on several factors such as […]

Approval Decoded: Navigating Mortgages Beyond the Numbers!

Approval is at the forefront of homeownership dreams, where the journey kicks off with a vital figure: your credit score. Contrary to the prevailing myth that a perfect credit score is the sole gateway to mortgage approval, the process is nuanced and far more accommodating. In reality, various factors contribute to a successful mortgage approval, […]

Advice for Borrowers: Challenges of Bad Credit Loans

In today’s dynamic financial landscape, a poor credit score can be a significant stumbling block when securing loans or credit. Many individuals grapple with the challenges associated with bad credit, whether due to past financial missteps or unforeseen hardships. Nevertheless, armed with the right strategies and a comprehensive understanding of the situation, it is possible […]