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…]
conventional mortgages
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…]
why your mortgage application could be denied
Getting a mortgage is not as simple as showing your ability to pay, having good credit, and a good down payment. It also must pass a test period of Fannie Mae and … [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…]
What the Federal Reserve rate increase means
The Federal Reserve increased the Fed funds rate 25 points in an effort to slow down the highest inflation seen in 30 years. As a result, here’s what this means for interest … [Read More…]
Your ex can make your mortgage application difficult
You’re trying to purchase or refinance a home. You have an ex that you’re dealing with that you were either married to or on title to a property with. The mortgage process … [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…]
What’s going to happen with interest rates in 2022
One of the big questions on the minds of consumers looking to purchase or refinance a home is what’s going to happen with interest rates in 2022. Interest rates, while they remain … [Read More…]
