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ICE Mortgage Technology’s Encompass to offer investment advisory advice for clients

Housing Wire

Borrowers will receive financial advice including – college savings plans if their household is expanding, additional life insurance and 401k at no cost. Executives expect net revenue synergies of up to $125 million by 2028 largely through cross-sell opportunities.

Clients 431
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Down Payments: Bigger Isn’t Always Better

Will Springer Realtor

The math: 4% a year x 5 years = 20% price appreciation; 20% of $800,000 is $160,000, or $960,000 for the same home in 2028 x 3.5% = a down payment of $33,600. However, the amount required to pay for the same home in five years – after it appreciates about 4% each year – would be $33,600.

Buyers 36