The Federal Housing Finance Agency which oversees loans bought by Fannie Mae and Freddie Mac announced to change to the conforming loan limit last week. Here’s what the change means for you… … [Read More…]
3 pricey mortgage loan scenarios to watch for
When it comes to purchasing or refinancing a house one of the factors that can play a role in your ability to secure financing is your credit score, your property type and … [Read More…]
What to expect with mortgage rates over the next few months
If you’ve been waiting to pull the trigger on a new house purchase or a refinance and you’re waiting for an interest rate you may get your wish over the course of … [Read More…]
How your mortgage payment relates to purchase price
Buying a home means the careful planning of your finances and making sure it’s really something that you can support? One of the biggest challenges home buyers face is budgeting for a … [Read More…]
No more VA Loan Limits in January 2020!
HR 299 is a new VA Bill recently signed by the president that makes some big changes to VA financing. If you’re thinking about buying a house and you’re an eligible VA … [Read More…]
8 common mortgage misconceptions most consumers ask about
The internet is full of information about purchasing or refinancing a house. Some of it tangible some of it not worth the paper it’s written on. Here are seven of the most … [Read More…]
Here is what to expect about today’s mortgage loan process
Mortgage loan financing is a little bit of a cryptic process to some people. Talk to your friend your neighbor your parent and everyone will have their story about what their individual … [Read More…]
Why the purchase price should not be the single most important factor
When buying a home most would believe the number one most important thing you need to be focused on is what you pay for the house. Mom and dad who bought their … [Read More…]
Could the 30 year fixed mortgage get to 3%?
Interest rates right now are very close to their all-time historical lows. We’ve seen this a few times before. Here’s what you need to consider when getting what you perceive as the … [Read More…]
Should you go FHA or conventional for purchasing your first home?
Buying your first home should be handled with extreme care including selecting which mortgage loan program makes the most financial sense. Following is what you ought to consider when looking at both … [Read More…]
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