On June 3rd Freddie Mac announced changes to Freddie Mac conventional mortgages for single family homes with granny units. These changes allow for expanded financing on Freddie Mac mortgages. So, if you’re … [Read More…]
buying your first home
Two ways to get your purchase offer accepted
Everyone knows buying house right now is challenging. Across the nation is a competitive real estate market brought on by an exceptionally low supply on a national level. As a result, in … [Read More…]
How to turn a pre-approved buyer into a cash buyer
As the real estate market continues to become increasingly competitive, you might find yourself making offers on homes above asking price. Possibly even waiving contingencies on the advice of your real estate … [Read More…]
Five guaranteed ways to improve your home purchasing power
It is no surprise that interest rates are on the rise. As interest rates rise home spending power i.e., buying power diminishes. If the same loan amount and the same purchase price … [Read More…]
The best way to cash out refinance your home
Consumers are no stranger to the present economic times we are living in right now as everything is rising, and inflation is rampant virtually everywhere. Gas prices, stock prices, housing prices, mortgage … [Read More…]
Should you refinance during rising rates?
If you’re thinking about refinancing your house and you’ve been on the fence; now would be a good time to start that application. Interest rates are all relative so it’s important to … [Read More…]
How your credit cards shape your ability to get a mortgage
Maintaining a personal budget and having a good financial plan associated with your income is a good 1st step in preparing yourself to get mortgage loan financing. Whether you are buying a … [Read More…]
Federal reserve hikes interest rates
Probably the biggest misnomer in mortgage finance, is what consumers interest rates do when the Federal Reserve hikes interest rates up. The Federal Reserve is trying to control and stimulate the economy … [Read More…]
