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…]
FHA home loans
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…]
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…]
You can now cash out refinance 100% known to value with VA financing
For borrowers who are military veterans, the change to VA loans that recently has taken place can be immensely beneficial. If you have a VA mortgage on your house, and if you’re … [Read More…]
3 creative ways to come up with a down payment
Purchasing a house is no easy feat. One of the major elements you need to have in order to purchase a house is to have a good down payment. This will afford … [Read More…]
2022 conventional, FHA, VA, loan limits now rise
If you’ve been on the sidelines for residential financing, or you’re thinking about doing a loan, and you’ve had some difficulty as it relates to borrowing money for home mortgage financing. The … [Read More…]
When it comes to mortgage financing the harder way is usually the way that will make your loan work
We are still in an environment that requires us to get support ability to repay. The harder approach, generally, is the approach that’s going to make the most sense between taking you … [Read More…]
How to increase your investment rate of return using mortgage financing
If you’re looking to get a good return on your money, and you’re looking at bank accounts, you might want to consider paying down your mortgage balance. Before you do, here are … [Read More…]
