HighTechLending, Inc. NMLS # 7147

Sure-fire way to improve your mood and stress level

Interest Rates are up, Grocery prices are up, Gas prices are up and social security did not go up nearly enough to make a dent in any of it.  We have had 2 quarters of negative growth, some would call that a recession.  The average American is under incredible pressure…

The Federal Reserve announced significant rate increases and warns of a “housing bubble”

Early on in the pandemic the Federal Reserve (FR) slashed the Federal funds rate (FFR) (the rate it charges to banks for overnight borrowing) to stimulate the economy.  This was to combat the 22 million Americans that could not work and were unemployed.  This huge drop in FFR has an…

More money available soon on Reverse Mortgage loans

Home values have been ballooning in recent years.  The S&P CoreLogic Case-Shiller U.S. National Home Price NSA Index, which covers all nine U.S. census divisions, reported a 19.5% annual gain in September 2021!  The prior year period from September 2019 to 2020 the same area reported a 19.1% annual gain. …

Social Security checks increase the most in 40 years

The gas pump and the grocery store are taking a much larger bite out of our collective wallets this year.  At the start of 2021 the average gas price in the US was around $1.85 and currently the average has risen 59% higher in less than a year.  The 70…

Eviction Moratorium final ruling by the Supreme Court

In March 2020, Congress passed the Coronavirus Aid, Relief, and Economic Security Act to alleviate burdens caused by the COVID–19 pandemic. Pub. L. 116–136,134 Stat. 281.  This Act imposed a 120-day eviction moratorium, which was extended until the end of July 2020. This moratorium denied landlords and lenders from evicting…

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A caregiver’s guide: Financial protection for those with Alzheimer’s

Credit problems and identity issues can be difficult to guard against during the best of circumstances, but for someone with a diagnosis of Alzheimer’s disease – a form of dementia that affects thinking, memory and behavior – preventing identity theft and maintaining good credit can seem impossible. More than 5…

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Google searches for “housing crash” skyrocket

If you prescribe to the saying that perception equals reality, then we may have trouble on the horizon.  In the last month searches for a housing crash have skyrocketed 2,450%!  “Why is the market so hot” searches have doubled in a single week.  It seems Americans are more worried about…

Did you get a little too jolly during the holidays? Paying off high-interest credit card debt.

Christmas or Hanukah time is a great time to celebrate family, faith, and all of our loved ones.  Perhaps our holiday spirit is more than our bank account balance.  Grandkids are a great joy in life and we love to make them happy, but sometimes we give beyond our means…