For many, the idea of buying a home is the American dream. The house that you’re looking to purchase needs to be affordable and justifiable within your monthly budget. Here are things … [Read More…]
cash out refinance
2023 Confirming Loan Limit Rise
The federal housing finance agency recently released its 2023 conforming loan limit. The new loan limit for 2023 is $715,000. Here is what this means if you’re purchasing or refinancing a home. … [Read More…]
Ways to handle a mortgage payment when buying a home
Consumers who are preapproved and looking to buy a home are sometimes getting shell shock as relates to the mortgage payment. The rate, the purchase price, and the cash-to-close may change the … [Read More…]
Why mortgage rates will not hit 7%
For those consumers out there, who have been on the fence about refinancing their mortgage or buying a home because of concern about interest rates, pay close attention to the facts. The … [Read More…]
Why you can expect your home equity line of credit to cost more
Fed funds recently increased the rate by 75 basis points. This change to monetary policy also means your home equity line of credit costs more. The following is what you must know … [Read More…]
When is the right time to buy a house
You want to buy a house but you’re not sure if now is the right time with all the variables up in the air. It’s a big decision and one that should … [Read More…]
Don’t be the “I don’t wanna waste your time” consumer
People looking to buy or refinance a home may have been turned down by another mortgage company based on their financial situation. If you’ve been turned down before and you think all … [Read More…]
Federal reserve’s change to policy
Here is what the federal reserve’s change to monetary policy on June 15th, 2022, means for mortgage rates. If you’re buying or refinancing a home the information in this article is for … [Read More…]
