Mortgage Beat Archive

There may not be much movement with mortgage rates in the immediate future. For the short term, you may still see some higher costs, inflationary costs for things like groceries and gas and household items.

When is the best time to buy a home in 2025?  Well, I think if you’re talking about the Midwest, it’s probably spring because that’s when the most homes will be listed for sale. But every year is a different market, right?

Creating Generational WealthYou certainly can build generational wealth by utilizing real estate. I don’t know where I heard this, but I think someone famous said one of two ways to become super wealthy is through the acquisition of real estate. 

When someone is buying a home they generally don’t want to have to go through that process multiple times. 

Ohio is a great market for Police Mortgage especially for police home loans. I’ve been to Cincinnati a few times. I like Cincinnati. It’s a cool town.

Everything in Texas seems to be bigger and better. I wouldn't mess with a Texas Ranger.

Similar to how we were talking about Ohio, Texas has a low cost of living. It offers no state income tax and reasonable property taxes. 

I heard that Phoenix passed a bill in late 2023 that provides counseling for 911 dispatchers suffering from PTSD. While they may not be seeing the trauma they are certainly hearing it.

I recently heard that Missouri took a significant step by acknowledging and supporting first responders with a new law that recognizes post-traumatic stress disorder as a legitimate reason for workers’ compensation.

End of Watch Loan ProtectionEnd of Watch Loan Protection is a special debt-cancellation benefit created exclusively for active police officers, firefighters, and EMTs. It is available for multiple loans taken through Police Mortgage and its parent company, National Police FCU, at no cost to the borrower.

Thinking optimistically, the answer to that would be “Yes”. Thinking practically, the answer is “Maybe,” because the future’s promised to no one. I think I’m a broken record on that one.

To me what home ownership represents within a financial plan is stability. I think especially for police officers, firefighters, and EMTs owning a home is seen as stability because they are dedicated to a cause that doesn’t necessarily correspond with income. 

The executives of our Police Mortgage, as well as those of our parent company – National Police FCU, have a philosophy about business and even life in many cases. That philosophy is “Don’t wait!”