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One of the newest mortgage lenders out there goes by the name “Wesley Mortgage,” an ode to the founder of the Methodist Church, John Wesley.

Despite being basically brand new, they are already the “Official Mortgage Provider of the Tennessee Titans” football team.

They also claim to be one of America’s top 500 fastest growing companies, which aligns with their mission to speed up the home loan process using the latest technology.

The company also happens to be located across town from Churchill Mortgage, which is Dave Ramsey’s preferred mortgage lender.

Let’s discover more about this newcomer to see if they can shake things up in the mortgage industry.

Wesley Mortgage Fast Facts

  • A direct-to-consumer mortgage lender
  • Offers home purchase loans and mortgage refinances
  • Founded in 2021, headquartered in Franklin, Tennessee
  • Currently licensed in four states: AL, KY, SC, and TN
  • Official mortgage provider of the Tennessee Titans

Wesley Mortgage is a new direct-to-consumer mortgage lender based out of Franklin, Tennessee that will operate under the “Wesley” umbrella.

Nashville-based entrepreneur Chuck McDowell also runs several other businesses under the name, including Wesley Financial Group and Wesley Insurance, LLC.

Interestingly, his main business is timeshare exits, and they’ve apparently eliminated more than $250 million in so-called timeshare mortgage debt.

If they can do that, there’s a good chance they can get you a mortgage too, as I’d say the former is probably one of the trickier things to wrangle out of.

Anyway, despite launching back in September, they’re already growing fast and headed by mortgage veteran Ed Wallace.

They’re currently licensed in four states, including Alabama, Kentucky, South Carolina, and Tennessee.

However, they have plans to be in all 50 states within 18 to 24 months, with licenses already submitted in Florida, Georgia, North Carolina, Texas, and Virginia.

How to Apply with Wesley Mortgage

To get started, you can either call them up or visit their website. If you go online, there’s what amounts to a lead form that you can fill out.

Once submitted, a loan officer will contact you to discuss your goals, eligibility, and loan pricing.

If you like what you hear, you can apply for a mortgage online using some of the newest technology available.

Their digital mortgage application is powered by Wipro Gallagher. It allows borrowers to complete the form with minimal data entry and auto-populate things like credit, asset, and income information.

You can upload documents, e-Sign disclosures, compare products and rates, and monitor the progress of your loan as it makes its way through underwriting.

Additionally, Wesley Mortgage customers get a single point-of-contact to walk them through every step of the loan process.

This differs from other lenders that hand off the borrower to a processor, an underwriter, a closer, and so on.

In a recent press release, Wallace referred to this as “white glove” treatment. Aside from allowing for better communication, it could simplify things for the borrower and speed up the process.

Along with that, Wesley Mortgage has pushed underwriting to the front of the process to generate approvals quicker and hit turn times faster than traditional lenders.

All of this should make the home loan process a little less painful, and perhaps cheaper as well if they can leverage the latest tech.

Loan Programs Offered by Wesley Mortgage

  • Home purchase loans
  • Mortgage refinances: rate and term and cash out
  • Conforming loans backed by Fannie Mae and Freddie Mac
  • Jumbo loans
  • Non-QM loans

Wesley Mortgage offers both home purchase loans and refinance loans, including cash out refinances if you wish to tap your home equity.

They say you can get up to $1 million in home equity, which certainly puts them in the jumbo loan realm.

Borrowers with cheaper properties and/or smaller loan amounts can also take out a conforming mortgage backed by Fannie Mae or Freddie Mac.

The company also expects to gain FHA and VA approval soon (if it hasn’t already), meaning you’ll be able to obtain an FHA loan or VA loan.

And those who have situations outside the norm might be able to take advantage of a non-QM loan, which are typically reserved for those with unique loan scenarios.

The only major loan type they appear to be missing at the moment is the USDA loan, geared toward those in rural areas of the country.

My assumption is both fixed-rate and adjustable-rate mortgages are available in a variety of different loan terms.

Wesley Mortgage Rates

At the moment, Wesley Mortgage does not openly publicize its mortgage rates online. In order to get today’s pricing, you’ll need to get in contact with a licensed loan officer.

The same goes for lender fees – they don’t mention them on their website, so be sure to ask about any application fee, loan origination fee, and so on.

While convenience and technology are great, so is a low-priced mortgage that you can keep for the next 30 years.

Hopefully they’ll provide more pricing information online in the near future as they continue to expand nationally.

Wesley Mortgage Reviews

Because they’re basically a few months old, their customer reviews are few and far between.

However, they’ve got a 4.94/5-star rating on Zillow from about 20 reviews, many of which say the interest rate obtained was lower than expected.

It’s obviously not a lot to go on, but at least it’s a good start. I will update this page when more reviews come in.

While they aren’t yet on the Better Business Bureau (BBB) website, their sister company Wesley Financial has a solid 4.85/5 customer rating from about 800 reviews.

And the company has an ‘A+’ rating based on complaint history. So hopefully the mortgage venture follows suit.

To sum things up, Wesley Mortgage appears to be an ambitious young mortgage lender with its sights set on becoming a household name, especially in Tennessee.

Their focus on customer service coupled with the latest technology could make them a good choice, whether you’re buying your first home or refinancing an existing mortgage.

The only question mark is their pricing, and it will take time to see how they deliver on their promise to fix the complex mortgage process.

See other top Tennessee mortgage lenders to consider in your home loan search.

Wesley Mortgage Pros and Cons

The Pros

  • Offer a digital mortgage application that is mostly paperless
  • Can apply for a home loan online using the latest technology
  • Home buyers can get pre-qualified in just 15 minutes
  • Customers get one point of contact for the entire loan process
  • Offer a good variety of loan programs including jumbos and non-QM options
  • Parent company is well-liked and has lots of excellent reviews

The Cons

  • Only licensed in four states currently
  • No physical branch locations
  • Do not publicize mortgage rates or lender fees
  • May not service your loan after closing

(photo: Mike Burton)

Source: thetruthaboutmortgage.com

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Horror movies have been a staple of the film industry for decades, captivating audiences with their ability to scare, shock, and thrill. From classic black-and-white thrillers to modern-day blockbusters, horror movies haunt us with their terrifying stories and imagery. Whether you’re a horror enthusiast or simply looking for a good scare, the world of horror movies offers a wide range of options to choose from.

1. The Exorcist 

Photo Credit: Blumhouse Productions.

“The Exorcist” is a classic horror film directed by William Friedkin and released in 1973. The movie tells the story of a young girl named Regan who becomes possessed by a demon, and the efforts of a priest named Father Damien Karras to exorcise the entity from her body. The film is widely regarded as one of the best horror movies ever made due to its blend of supernatural horror and personal themes of faith and redemption. The use of practical effects and strong performances from the cast, particularly Linda Blair and Jason Miller, add to the film’s enduring legacy.

2. The Shining 

Photo Credit: Warner Bros.

“The Shining” is a 1980 horror film directed by Stanley Kubrick and is considered one of the best horror movies ever made. The movie tells the story of Jack Torrance, a writer who takes a job as a winter caretaker at the isolated Overlook Hotel with his wife and son. Kubrick’s masterful direction and use of imagery create a sense of dread and unease, complemented by the haunting score. Jack Nicholson’s unforgettable performance as Jack Torrance, the exploration of themes such as isolation and madness, and the film’s impact on pop culture all contribute to its status as a classic of cinema and a must-see for horror fans.

3. IT Chapter 1

Photo Credit: New Line Cinema.

“It Chapter 1” is a 2017 horror film directed by Andy Muschietti that follows a group of outcast kids, the Losers Club, as they try to defeat a shape-shifting entity that takes the form of a terrifying clown named Pennywise. The film’s blend of horror, humor, and heart makes it stand out in the genre. The exceptional cast, particularly the young actors who play the Losers Club, deliver powerful performances. The film explores universal themes related to childhood trauma, grief, and the power of imagination, which elevates it beyond the confines of the horror genre. Overall, “It Chapter 1” is a must-see film for horror fans and movie lovers alike.

4. The Nun 

Photo Credit: Atomic Monster.

“The Nun” is a 2018 horror film directed by Corin Hardy that takes place in 1952 Romania. It follows a young nun and a priest as they investigate the death of a nun in a secluded abbey and encounter an evil force in the form of a demonic nun. The film’s immersive atmosphere, stunning visuals, exceptional performances, and clever use of jump scares and suspense make it a modern horror classic and a must-see for horror fans.

5. Jaws

Photo Credit: Universal Pictures.

“Jaws” is a 1975 horror film directed by Steven Spielberg that takes place in a small New England town terrorized by a giant man-eating great white shark. The film’s ability to create suspense and terror through suggestion rather than explicit gore, exceptional performances, and masterful filmmaking make it a classic horror film and a must-see for fans of the genre. Its enduring popularity is a testament to its timeless storytelling and iconic scenes.

6. IT Chapter 2

Photo Credit: Warner Bros.

“IT Chapter 2” is a 2019 horror film directed by Andy Muschietti and based on the novel by Stephen King. The film follows the adult versions of the Losers Club as they return to Derry, Maine to confront the shape-shifting entity known as Pennywise the Clown. The film’s exceptional cast, and the blend of horror and heart make it one of the best horror movies ever made.

7. A Quiet Place

Photo Credit: Platinum Dunes.

“A Quiet Place” is a 2018 horror film directed by John Krasinski, set in a post-apocalyptic world where creatures hunt by sound. The film’s use of sound and unique premise creates a tense and immersive atmosphere, while exceptional performances by the cast, particularly Emily Blunt and Millicent Simmonds, add depth to the characters. The exploration of themes such as family, sacrifice, and survival make it not just a horror movie, but a thoughtful drama.

8. The Sixth Sense 

Photo Credit: Hollywood Pictures.

The Sixth Sense was produced in 1999 by Barry Mendel, Kathleen Kennedy and Frank Marshall. It’s the story of a young boy who receives visits from ghosts. He’s too afraid to tell anybody but the child psychologist, who listens to the boy and tries to help him. Dark secrets about the miscommunication of ghosts are waiting for them, and the movie cleverly lays down clues about the twist that occurs at the end. A clever plot and suspence make this horror movie a must-see for enthusiasts!

9. World War Z

Photo Credit: Plan B Entertainment.

“World War Z” is a 2013 horror film directed by Marc Forster and is considered one of the great horror movies of the past decade. The movie follows a former United Nations employee’s journey as he travels across the globe in search of a cure for a zombie pandemic while trying to protect his family. The film’s strengths include the intensity of the action, impressive special effects, a fast-paced and suspenseful storyline, and engaging performances, particularly by Brad Pitt. The exploration of themes such as survival, sacrifice, and the consequences of human actions adds a level of depth and complexity to the movie. Furthermore, the film has had a significant impact on the zombie sub-genre of horror movies and inspired numerous films, TV shows, and video games.

10. Hereditary 

Photo Credit: Hereditary.

“Hereditary” is a 2018 horror film directed by Ari Aster and is considered one of the great horror movies of recent times. The movie follows the Graham family as they struggle with their grief and the unsettling events that follow the death of the grandmother. The film’s direction, masterful use of symbolism, cinematography, and score create a sense of unease and dread throughout the film. Toni Collette delivers a powerful performance as the mother, Annie, whose family is haunted by dark secrets and a sinister presence. The movie’s impact is long-lasting, inspiring discussions and debates among viewers about its meaning and themes. 

From the classic supernatural horror of “The Exorcist” to the post-apocalyptic tension of “A Quiet Place,” these films have captivated audiences with their ability to scare, shock, and thrill. These movies continue to inspire new generations of horror filmmakers and enthusiasts, and their legacy is a testament to the power of storytelling and the enduring appeal of the horror genre.

These are 10 Things That Completely Destroyed The Love in a Relationship

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There’s no question that relationships can be confusing, but here are some of the top things to avoid if you want to keep your relationship healthy!

10 Actors and Actresses People Refuse to Watch Ever Again

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We all have a favorite actor or actress, but most of us have a least-favorite as well. Check out this list of actors and actresses people never want to see performing again!

Top 10 Worst Human Inventions of All Time

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Some inventions are world-changing, and some of them, well, they change the world in the wrong ways. Here are some of the worst inventions Redditors could think of.

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We’ve all had moments of hygiene faux pas—but these celebrities just look like they don’t take care of themselves at all.

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Every fad has its time in the limelight, but some of them come and go faster than others; and some just need to die out right away. Check out this list of fads of which people were happy to see the last.



About the Author



Dan Williams



Source: financequickfix.com

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It is no secret that housing inventory is low. As of June 2, there were 433,104 single family homes on the market nationwide, according to data from Altos Research.

And while this situation is certainly far from ideal, according to a report published Thursday by the National Association of Realtors and Realtor.com, even with the existing level of homes available for sale, the housing affordability and inventory shortage issues wouldn’t be so severe if there were enough homes for buyers at all income levels.

In April 2023, data from NAR and Realtor.com showed there were roughly 1.1 million homes listed for sale. Of those 1.1 million properties, 25% had a price lower than $256,000, which is the maximum price of a home that households earning the national median income of $75,000 can afford.

Over half (51%) of U.S. households earn $75,000 or less, meaning that in a balanced market, 51% of the homes for sale would be affordable to buyers in this income bracket.

Based on the report, the housing market needs an additional 319,460 listings priced under $256,000 in order for the market to be balanced. In other words, the U.S. needs to add at least two homes that are affordable for middle-income buyers (up to $256,000) for every home that is listed above $680,000.

As income levels increase, however, the disparity decreases between current inventory and the inventory needed for a balanced market. For example, buyers earning $250,000 can currently afford to buy 85% of listings compared to 93% in a balanced market.

This situation has only gotten worse over the past five years. In April 2018, there were about 810,000 listings that middle-income buyers were able to afford, just 150,000 listings shy of a balanced market.

El Paso, Texas; Boise City, Idaho; Spokane, Washington; Cape Coral, Florida; and Lakeland, Florida round out the top five metropolitan areas with the larges supply shortage of homes with a price lower than $260,000. In El Paso, buyers earning $75,000 can afford to buy 16% of listing, when in a balanced market they should be able to buy 66% of listings. In Boise City, they can afford just 2% of listings when a balanced market calls for them to be able to afford 50% of listings.

On the other side of the spectrum, in the Youngstown, Ohio-Pennsylvania market, buyers earning $75,000 can afford to buy 72% of listings, when a balanced market calls for this cohort to be able to afford 66% of listings.

Akron, Ohio (where 61% of listings are affordable and 58% are needed for balance); Toledo, Ohio (where 61% of listings are affordable and 60% are needed for balance); Cleveland, Ohio (where 59% of listings are affordable and 58% are needed for balance); and Syracuse, New York (where 54% of listings are affordable and 55% are needed for balance) round out the top five.

When parsed by race and ethnic groups, NAR and Realtor.com found that Black Americans are the group that is furthest away from equilibrium out of any cohort. Two-thirds of Black Americans earn $75,000 or less, and these buyers can only afford 22% of homes for sale.

Meanwhile, 48% of white Americans fall into the same income bracket, and they can also afford to buy 22% of listings. This means that Black Americans would need 20% more listings with a value of up to $256,000 than white Americans in order to be at equilibrium.

By comparison, Hispanic Americans need roughly 11% more homes listed for sale than what white Americans need to reach equilibrium. When broken out by metro area, McAllen and El Paso in Texas; Oxnard and Riverside in California; and Tucson, Arizona are the areas with the smallest housing affordability and availability inequalities among white and Black households earning less than $75,000. The report attributes this to these areas being expensive for all racial/ethnic groups

Source: housingwire.com

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Good times happen in small spaces.

Have you rearranged your furniture countless times in an attempt to create a comfortable and inviting living room in a small space? The good news is that, with a bit of ingenuity, you can enjoy the living room of your dreams regardless of size. From bright and eclectic to minimalist and warm, you can incorporate many of today’s design trends into a small living room using our collection of small living room ideas.

The most important aspect of creating a space you love is ensuring it aligns with your vision and lifestyle. As Billy Baldwin, an icon in interior design, said, “Be faithful to your own taste because nothing you really like is ever out of style.”

Whether using decor tricks to create the illusion of a larger room or designing a cozy space for relaxation and entertainment, these apartment small living room ideas can take you there.

Let’s explore the many ways to make your small space shine!

1. Furniture to fill your space

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While it may seem contrary, integrating larger furniture, such as a sectional, can make the room appear more expansive. The key is choosing a color that blends in with the walls and opting for low-level, armless pieces. Another innovative option is selecting a couch with raised legs, creating a sense of space.

From there, carefully consider each piece of furniture, enhancing negative space while ensuring a living room designed for your lifestyle. Do you need a side table? Would nesting tables work as coffee tables and double as side tables when friends are over? Placing furniture in a close, conversational layout creates a cozy atmosphere for entertaining.

2. Cleverly placed mirrors

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The strategic use of mirrors is one of the best techniques for making rooms look bigger. Placing a large, beautiful mirror opposite windows brings in more natural light and brightens the entire room. Unless you’re going for a vintage look, simpler frames are generally a better choice when creating a sense of spaciousness.

You can also add dimension and atmosphere by placing a mirror close to a light source, like a table lamp or candle. Even mirrored furniture, such as a side table, reflects light, contributing to the illusion of more space. You can also go big with mirror panels. According to Architectural Digest, mirrored walls are in, yet again.

3. Color to the rescue

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Image Source: Rent. / Bahama Bay

You’ve probably heard that painting walls white creates the illusion of a bigger room. Any lighter color, however, such as soft neutrals and pastels, can have the same effect. You can even go bold if you stick to a limited palette.

From natural wood tones to deep greens or blues, rich hues offer a cozy, enveloping feeling, and complementary shades provide a cohesive look that can make a room look bigger.

If your rental agreement doesn’t allow painting, you can still add bursts of color with pillows, throws and artwork. One large painting creates a focal point, drawing the eyes upward while adding intrigue and contrast. Add a sizeable color-coordinated area rug big enough for all your furnishings to sit on, and you have the anchor that ties the room together. Need some inspiration? Check out these popular paint colors and decorating styles that range from art deco to bohemian and Japandi.

4. Lightweight window coverings

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Floor-to-ceiling window coverings add height and dimension but can make a room look smaller when made of heavy material. On the other hand, sheer fabrics provide a light and airy feeling while letting natural light infuse the room.

5. Layers of light

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While layered lighting is important in every room, this approach is particularly critical in small spaces. It combines ambient, task and accent lighting, drawing your attention to specific features while creating depth and intrigue.

Consider wall sconces, hanging pendant lights and strategically placed lamps. LED strips under shelving provide light from an unseen source, setting the mood by changing colors with one touch of a button.

6. Go vertical

Are you having trouble finding space for your bookcase and much-loved artwork? Consider a shelf at a height you can just reach that encircles the room.

This shelf can appear to float when painted the same color as the walls. Deliberately placed books, plants and artwork offer texture and functionality while drawing the eyes upward and making the room appear larger.

7. Purposeful living

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A small living room gives you the opportunity to embrace purposeful living. One way to achieve this is ensuring large pieces provide multi-functionality. An ottoman can double as a coffee table, hidden storage space and a footrest. A bench may offer storage for blankets. There are even bookcases with fold-down tables you can use as a desk.

8. Pay attention to the corners

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Image Source: Rent. / The Link

Adding houseplants, a beautiful lamp or strategic shelving to a few corners brings attention to every area, making your living room seem bigger. Not only do plants enhance your living space, but several studies show they also improve air quality, boost productivity and even reduce stress.

Some good options for darker corners include peace lilies, Boston ferns, philodendrons and spider plants. With indirect light, lush parlor palms and monstera plants can fill a corner.

9. Clutter-free

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Marie Kondo, developer of the KonMari Method for decluttering and star of two Netflix series, suggests that “Life truly begins only after you have put your house in order.” Tidying also creates a minimalist, clutter-free zone that does wonders for increasing a sense of space. Consider a few baskets or decorative boxes to hide remotes and other random items.

10. Bring the outdoors in

small living room ideas

Image Source: Apartment Guide / MAA Gardens

Natural light offers many gifts, including reduced energy usage and improved sleep. It also makes a space feel more expansive and filled with life. Installing a curtain pole extending past the windows allows you to draw curtains fully back, revealing more light and making your windows appear wider.

11. A space for book lovers

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Creating a cozy reading nook is often a top priority for book lovers. Fortunately, a window seat or corner chair with a soft blanket and throw pillows is often all it takes. Add a wall sconce or pendant light that saves space, and enjoy.

Are you ready to create a comfortable, more spacious living room where you relax with friends and family? Use these design tips to steer you in the right direction.

Still looking for your own cozy space to decorate? Start here.

Source: rent.com

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Nestled on the picturesque Gulf Coast of Florida, Naples has long been regarded as a captivating destination renowned for its pristine beaches, vibrant cultural scene, and luxurious lifestyle. As you contemplate the idea of moving to Naples, it is crucial to weigh the pros and cons of living in this sun-drenched city. From its flourishing economy and abundant recreational opportunities to its high cost of living and occasional natural hazards, there is a lot to consider. In this Redfin article, we will delve into the 10 most significant pros and cons of living in Naples. So whether you’re looking at apartments for rent in Naples, FL, browsing homes for sale, or you’re just curious about the area – keep reading to learn if Naples is right for you.

Gulf Shore Living in Naples, FL

1. Breathtaking beaches

Naples, the gem of Florida’s Paradise Coast, offers a beach lover’s paradise with miles of pristine, soft, white sands lapped by turquoise waters. Not only are these beaches stunning, but they are also well-maintained and offer a serene place to relax, sunbathe, or engage in water sports. Naples’ shoreline delivers a visual feast and the quintessential coastal Florida lifestyle, from the picturesque Barefoot Beach Preserve to Lowdermilk Beach Park.

2.  Vibrant arts and culture scene

For the culturally inclined, Naples won’t disappoint. The city brims with a rich and lively arts scene that echoes in its many galleries, performance venues, and arts festivals. Institutions such as the Naples Philharmonic and the Baker Museum host a variety of world-class performances and exhibitions. Art shows, craft fairs, and cultural festivals are staples in the local calendar, offering regular opportunities for residents to immerse themselves in a diverse tapestry of artistic expression.

Family Day at the Beach

3. A unique resort lifestyle

Living in Naples feels like an endless vacation with dozens of unique things to do, courtesy of its resort-like ambiance. From high-end shopping districts and gourmet dining venues to luxury spas, the city rolls out a sophisticated lifestyle that mirrors the world’s most popular resort destinations. The array of well-manicured golf courses, lavish residential communities, and top-notch services create a distinct sense of living in a luxurious retreat, offering residents the perks of a holiday year-round.

4. Endless outdoor adventures

Naples is an outdoor enthusiast’s dream, with a smorgasbord of activities. The city’s adjacency to the Everglades presents fantastic kayaking, hiking, bird watching, and wildlife spotting opportunities. Fishing and boating enthusiasts will love the accessibility to the Gulf of Mexico’s bountiful waters. Whether it’s a serene bike ride along the city’s picturesque paths or an exhilarating jet ski adventure, Naples caters to all shades of outdoor passions.

Bird of Paradise Flower

5. Golf capital of the world

For golf lovers, Naples is nothing short of paradise. Fondly known as the “Golf Capital of the World,” the city offers a stunning array of meticulously designed courses that cater to beginners and experts alike. With over 90 golf courses and glorious golfing weather that lasts almost all year, the city delivers an unmatched golfing experience–a compelling reason to consider Naples your new home.

Cons

1. High housing costs 

One significant downside of living in Naples, Florida is the high cost of housing. The allure of the city’s stunning natural beauty and upscale amenities comes at a price, and that price often translates into steep housing costs. When it comes to Naples, Florida real estate, you’ll find that housing prices are considerably higher compared to other cities in Florida. As of April 2023, the median sales price in Naples reached $725,000 In comparison, the median sale price in Orlando stood at a more affordable $360,000, while in Tampa, it amounted to $420,000.

The demand for housing in this desirable location, coupled with limited available land for development, has resulted in a tight housing market and elevated prices. Additionally, the cost of living, in general, tends to be higher in Naples, which can further strain budgets and impact overall affordability.

Condominiums Along The Florida Coast

2. Crowds of tourists

Being a popular tourist destination, Naples can get quite crowded, especially during the winter when ‘snowbirds’ from colder states flock to enjoy the balmy Florida weather. The influx of tourists can lead to overcrowded beaches, long wait times at restaurants, and a general increase in the hustle and bustle around the city, potentially hampering the tranquil lifestyle some residents seek.

3. Danger of hurricanes

Naples’ tropical paradise charm is somewhat tarnished by its vulnerability to hurricanes. Like much of Florida, the city faces an annual threat of these severe storms. This year alone, on average, floods have caused $1,399 in property damage for homeowners. While modern infrastructure and advanced warning systems mitigate the risks, residents must be prepared for potential evacuations, property damage, and the stress associated with hurricane season.

Beautiful Patio Furniture at Estate Home Overlooking Bay

4. Low walkability

Despite its many charms, Naples falls short of walkability. The city has a below-average Walk Score of 35, indicating a strong dependence on cars. This can be a downside for those who prefer a lifestyle where amenities are within walking distance. 

5. Scorching summer heat

Summers in Naples can be intensely hot and humid. The city’s tropical monsoon climate means that summer temperatures frequently rise into the 90s (Fahrenheit), with high humidity levels adding to the discomfort. Those not used to such weather might find the summer months challenging and need to consider this aspect before moving.

Is Naples, Florida a good place to live? The bottom line

With its breathtaking natural beauty, lively cultural scene, and endless opportunities for outdoor adventure, Naples certainly has its merits. However, there are downsides to be mindful of. The high cost of housing can pose a challenge for those on a budget, and the risk of hurricanes and occasional tourist crowds can be drawbacks. Ultimately, the decision to make Naples your home depends on your priorities, financial situation, and tolerance for the mentioned considerations. By carefully evaluating these factors, you can determine if Naples is the right fit for your desired lifestyle and aspirations.

Source: redfin.com

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Want to find some of the best places to work out in Philly? Look no further than your own apartment home.

A slightly more expensive city on average, living in Philadelphia means having all the fun and convenience at your fingertips. What will be important for you to get to do if you decide to move here? Is it all about drinks with friends on the weekends, making nice dinners at home or something else?

You don’t want to have to sacrifice any of those bonus activities you love, which means you want to make your workout reasonable. The best way to do this? Find a Philadelphia apartment that has a gym already. You’ll work out for free.

Where are the best gyms in Philadelphia you ask? We know. Here are some of our favorites.

one of the best apartment gyms in philadelphia

Source: Rent. / The Alexander

Two-story ceilings and paneled windows that reach all the way to the top bring so much light into the fitness center at The Alexander. Pops of yellow and great city views make this state-of-the-art gym attractive. You’ll find cardio machines, strength equipment and free weights along with an indoor lap pool. The Alexander also has tennis courts.

The Alexander is in Logan Square, a northwest neighborhood full of culture. Though Logan Square is a quieter community, you’re still close to all the action of Philadelphia living here.

one of the best apartment gyms in philadelphia

Source: Rent. / Piazza Alta

Situated in the middle of the charming and quirky neighborhood of Northern Liberties, Piazza Alta has a massive, multi-room gym. The space is bright and sleek, with floor-to-ceiling windows and cardio and strength equipment nicely spaced out. The fitness center at Piazza Alta also has a yoga studio and boxing trainer/CrossFit box set up.

Close to bars, restaurants and boutiques, this non-smoking, green community also features a palazzo, pool and hot tub, as well as a recreation room and playground.

one of the best apartment gyms in philadelphia

Source: Rent. / The Franklin Residences

On-site retail shops, resident events and a clean and spacious fitness center are just some of the amenities at The Franklin Residences. Open 24 hours, the gym is bright, with an entire wall of mirrors on one side and a black-and-white mural on the other. You’ve access to free weights, cardio machines and strength equipment.

Within the vibrant performing arts neighborhood of Avenue of the Arts South, The Franklin Residences are right in the heart of Philadelphia.

one of the best apartment gyms in philadelphia

Source: Rent. / The Left Bank

With a nice collection of strength equipment and multiple rows of cardio machines, the gym at The Left Bank has it all. You’ll even find a separate fitness studio and a fitness lounge. Other amenities include a rooftop deck, a game room with billiards, a theater room and a clubroom with a catering kitchen.

This University City community is a perfect spot for students and academics alike. It’s close to both the University of Pennsylvania and Drexel University.

one of the best apartment gyms in philadelphia

Source: Rent. / The Poplar

Within East Poplar, you’ll find the aptly named community, The Poplar. This amenity-filled spot has a rooftop terrace with city and waterfront views. There are also three infinity-edge saltwater pools, two hot tubs and private cabanas.

The gym at The Poplar is a shiny and modern space with large windows. There are a lot of cardio and strength machines, CrossFit boxes and a separate fitness studio for yoga.

one of the best apartment gyms in philadelphia

Source: Rent. / Apex Manayunk

The art deco-inspired design gives the gym at Apex Manayunk a unique feel. Among the cardio and weight machines, what really stands out are the pops of red in the SYNRGY360 CrossFit box. It has multiple stations that really help make a complete workout possible. There’s also an outdoor jogging trail for those who want to add some fresh air to their exercise routine.

In the trendy Lower Northwest community, Apex Manayunk also features a game room with ping pong, arcade games, billiards and shuffleboard. There’s a bocce ball court, Bark Park and a barbecue and deck area as well.

one of the best apartment gyms in philadelphia

Source: Rent. / Locust on the Park

For some quieter urban living, many folks turn to Fitler Square. Located right on the Schuykill River, this welcoming neighborhood is home to Locust on the Park. The gym here is open 24 hours. It’s nicely organized and bright, with pops of color throughout.

Full of amenities, the big attraction to living in Locust on the Park is that it’s next to Schuykill River Park. This green space, which runs along the river, has everything, from walking/biking paths to a pool, dog run and playground.

one of the best apartment gyms in philadelphia

Source: Rent. / Solo on Chestnut

With a gaming lounge, roof deck, roof dog run and study lounges, the smoke-free community of Solo on Chestnut comes fully stocked. The fitness center pops thanks to a colorful, abstract wall mural and wall-length mirrors. Good windows and lighting really complete the space’s perfect brightness. Containing everything from free weights to strength equipment, a CrossFit box and more, you’ll get the perfect workout here.

Located in the eclectic and diverse neighborhood of West Philadelphia, Solo on Chestnut works to tap into the local vibe with its decor.

one of the best apartment gyms in philadelphia

Source: Rent. / The Atlantic

Impressive and classy, with a living wall of greenery and marble columns, The Atlantic boasts a large gym with plenty of strength machines, cardio equipment and a CrossFit box. Separated by a wall of windows, you’ll also find a spin and yoga studio with virtual classes.

Another Avenue of the Arts South neighborhood gem, The Atlantic is a LEED Gold green building with his-and-her spas, a waterfall-edge pool and oversized hot tub, a rooftop dog park, a music room and more.

one of the best apartment gyms in philadelphia

Source: Rent. / Palazzo at the Piazza

Also in Northern Liberties, you’ll find Palazzo at the Piazza. The most impressive amenity here is the pool. There are a ton of lounge chairs, with a separate in-water sunbathing area. Cabanas and comfy patio furniture, which includes beds, round out the area.

The fitness center impresses too, with a green, living wall, floor-to-ceiling windows and neat clusters of exercise machines. There’s also a bright and spacious spin studio and sauna.

Grab a home workout at one of the best gyms in Philadelphia

There are a million things to do in Philadelphia, and if you want to do them all. Nix the need to pay for a gym membership and find a Philadelphia apartment with its own fitness center. You’ll free up more of your fun money and stay in shape at the same time.

Featured image source: Rent. / Piazza Alta

Source: rent.com

Apache is functioning normally

LOS ANGELES — The average long-term U.S. mortgage rate rose this week to its highest level since mid March, driving up borrowing costs for prospective homebuyers facing a housing market that’s constrained by a dearth of homes for sale.

Mortgage buyer Freddie Mac said Thursday that the average rate on the benchmark 30-year home loan rose to 6.57% from 6.39% last week. The average rate a year ago was 5.10%.

High rates can add hundreds of dollars a month in costs for homebuyers, limiting how much buyers can afford in a market that remains unaffordable to many Americans after years of soaring home prices and limited housing inventory.

The median monthly payment listed on applications for home purchase loans in April rose to $2,112, up nearly 12% from a year ago and a 0.9% increase from March, the Mortgage Bankers Association said Thursday.

The average rate on a 30-year home loan has risen two weeks in a row, echoing moves in the 10-year Treasury yield, which lenders use as a guide to pricing loans.

The 10-year Treasury yield has been mostly rising of late, climbing to 3.79% in afternoon trading Thursday. Two weeks ago, it was at 3.39%.

The move up in bond yields comes as investors react to stronger-than-expected economic data and the implications that could have on whether the Federal Reserve will raise interest rates again next month.

Bond traders are also factoring in the possibility that the U.S. government may default on its debt as the White House and GOP leadership wrangle over a deal to raise the federal government’s debt ceiling so it can avoid an unprecedented default as soon as June 1.

“The U.S. economy is showing continued resilience which, combined with debt ceiling concerns, led to higher mortgage rates this week,” said Sam Khater, Freddie Mac’s chief economist.

Jitters over the possibility that the government ends up defaulting on its debt could cause creditors to ask for higher interest rates on U.S. Treasury bonds, which could lead to a “significant increase” in borrowing costs, including mortgages, said Jiayi Xu, an economist at Realtor.com.

“Resolving the debt impasse sooner, rather than later, would mitigate potential adverse effects on the housing market, which is already contending with high prices and elevated mortgage rates,” Xu said.

Investors’ expectations for future inflation, global demand for U.S. Treasurys and what the Fed does with interest rates influence rates on home loans.

The Fed has raised its benchmark interest rate 10 times in 14 months. At its last meeting of policymakers, the central bank signaled that it could finally pause its yearlong campaign of rate hikes, though a pause would likely only nudge mortgage rates slightly lower.

Low mortgage rates helped fuel the housing market for much of the past decade, easing the way for borrowers to finance ever-higher home prices. That trend began to reverse a little over a year ago, when the Fed started to hike its key short-term rate in a bid to slow the economy and cool the highest inflation in four decades.

The spring homebuying season got off to a lackluster start this year as prospective buyers grappled with higher borrowing costs and a near record-low inventory of homes on the market.

Sales of previously occupied U.S. homes fell 23.2% in the 12 months ended in April, marking nine straight months of annual sales declines of 20% or more, according to the National Association of Realtors. The national median home price fell to $388,800 last month — down 1.7% from a year earlier and the biggest year-over-year drop since January 2012.

The modest pullback in home prices reflects heated competition among buyers, especially those vying for the most affordable homes. At least one-third of the homes sold last month went for more than their list price, according to the NAR.

The average rate on 15-year fixed-rate mortgages, popular with those refinancing their homes, rose to 5.97% this week from 5.75% last week. A year ago, it averaged 4.31%, Freddie Mac said.

Source: abcnews.go.com

Apache is functioning normally

Editor’s Note: Since the writing of this article, President Biden signed the debt ceiling bill on June 4, canceling the federal student loan payment pause as of Aug 30, or “60 days after June 30.” Later this month, the Supreme Court will decide whether the Biden-Harris Administration’s Student Debt Relief Program can proceed. Loan payments are expected to resume in October.

Student loans are a significant issue in the United States, where consumers have more than $1.7 trillion in total student loan debt. In 2021, the average federal student loan debt per borrower was just over $37,000. And 20 years after students enter college, half of borrowers still owe $20,000 in student loans.

Broken down by degree levels, the debt increases. Graduate students who receive a degree leave school with an average of nearly $70,000 in debt. Law students are saddled with an average of $180,000; and medical students owe $250,000 on average for total student loan debt.

With so many borrowers and so much debt, it begs the question, “Should all student loan debt be forgiven?”

Who’s in Favor?

By a 2-to-1 margin, voters do support at least some student loans being forgiven, according to a poll from Politico and Morning Consult. And 53% of voters from the same poll support Biden’s extension of student loan payments through August.

Proponents of canceling student loan debt point out that the government is partially responsible for this debt crisis. Because many states slashed higher education funding after the 2008 recession, tuition at both public and private colleges has gone up steeply, and many students have been forced to take out even more in loans.

Unfortunately, the increase in student loan balances hasn’t gone hand in hand with a bump in post-college salary. The result is a national situation where borrowers owe increasingly more in student loans but don’t have the paycheck to aggressively tackle their balances.

Although the government has created income-driven repayment options that seek to keep monthly student loan payments affordable, signing up isn’t without its downsides.

Since these income-driven plans often lengthen loan terms, borrowers may pay significantly more interest on their loans over time. Also, any forgiven balance at the end of their loan term is typically treated as taxable income.

Why Forgiving Student Loan Debt a Isn’t a Slam-Dunk

There are several reasons why forgiving student loan debt may not be a straightforward positive. The first is that, according to U.S. tax laws, debt that’s forgiven is a taxable event. Under income-driven student loan repayment plans, for instance, if you make consistent, on-time payments for the life of the loan (20 or 25 years, depending on when you borrowed), any balance remaining at the end of your loan term is forgiven — but whatever’s forgiven is considered taxable income.

The second issue pundits raise with this plan is that it’s being sold as a stimulus: If the government forgives people’s student loan debt, they’ll put money back into the economy, the thinking goes. But forgiving debt isn’t the same as handing people a check.

And finally, the federal government so far isn’t planning to forgive student loans that borrowers hold with private lenders, which average over $54,000 per borrower.

Alternative Options to Canceling Student Loan Debt

Instead of targeting only student loan borrowers who qualify for relief, the government could provide a stimulus check to all Americans, and Americans could decide for themselves how to use it.

If someone has $10,000 in outstanding student loans, for example, they might prefer to use a check to put a down payment on a house or pay off high-interest credit card debt.

Then there’s the higher education system itself. Canceling or forgiving student loan debt may provide only temporary relief as long as tuition levels continue to rise. As it stands, future generations will be saddled with just as much, if not more, student debt than Americans currently have today.

Tackling Your Student Loan Debt

There’s no telling when or if some form of more long-term relief might appear for student loan borrowers. If you’re struggling under the weight of your student debt, there are strategies that might help:

•   Alternative payment plans: Federal student loans come with a variety of repayment options, one of which might suit your situation.

•   Direction of overpayments: If you make extra payments on your student loans, you may instruct your servicer to apply them to your principal, rather than the next month’s payment plus interest. This will help pay off your loans faster.

•   “Found” money: If you receive a work bonus or tax refund, applying it to your student loans can help reduce your balance faster.

•   Refinancing: Refinancing student loans (private and/or federal) into one new loan with a private lender could lower your monthly payment and interest rate, and make it easier to manage payments. Just know that refinancing federal student loans with a private lender means losing access to federal repayment and forgiveness programs.

Recommended: Can Refinanced Student Loans Still Be Forgiven?

The Takeaway

There is no quick fix for student loan debt, which will take further discussion from stakeholders on all sides.

If you are struggling with your own student loan debt, there are options to consider. You can apply for an income-driven repayment plan, apply for student loan deferment or forbearance on your federal student loans, or refinance your loans with a private lender. Keep in mind, though, that refinancing disqualifies you from federal benefits you may otherwise be eligible for.

If you do decide to refinance, consider SoFi. SoFi has a quick online application process, competitive rates, and no origination fees or prepayment penalties.

See if you prequalify with SoFi in just two minutes.

SoFi Student Loan Refinance
If you are looking to refinance federal student loans, please be aware that the White House has announced up to $20,000 of student loan forgiveness for Pell Grant recipients and $10,000 for qualifying borrowers whose student loans are federally held. Additionally, the federal student loan payment pause and interest holiday has been extended beyond December 31, 2022. Please carefully consider these changes before refinancing federally held loans with SoFi, since the amount or portion of your federal student debt that you refinance will no longer qualify for the federal loan payment suspension, interest waiver, or any other current or future benefits applicable to federal loans. If you qualify for federal student loan forgiveness and still wish to refinance, leave unrefinanced the amount you expect to be forgiven to receive your federal benefit.

CLICK HERE for more information.

Notice: SoFi refinance loans are private loans and do not have the same repayment options that the federal loan program offers such as Income-Driven Repayment plans, including Income-Contingent Repayment or PAYE. SoFi always recommends that you consult a qualified financial advisor to discuss what is best for your unique situation.

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Source: sofi.com