It has started. You hear the buzz everywhere talking about the future of interest rates, economy, and real estate market. How many times will the Fed raise rates this year? Should I lock in a mortgage rate now? How is the job market doing? Are housing pric... Read More
Why didn’t mortgage rates increase when the Fed raised their rate? When the Fed speaks, the mortgage world braces themselves. But this time the result was ok – so far! Mortgage rates, so far, have drastically dropped from where they were prior to t... Read More
Understanding how to make a Reverse Mortgage low cost option work for you A Reverse Mortgage does not always require higher closing costs and there is a strategy to purchase or refinance real estate with low closing costs while having no monthly mortgage payment. **... Read More
Mortgage Rates for VA, FHA, USDA, Conventional Mortgage Loans Keep in mind that there is not just one or two rates for all scenarios so when someone asks “what’s your 30 year fixed rate?”, there is no all-encompassing rate. There are so many facto... Read More
Check Out The Latest
- See How the USDA Guarantee Fee Stays Low for 2018 to Help Home BuyersSeptember 27, 2017 - 7:50 am
Homebuyers received great news about the USDA Rural Development guaranteed loan program! In 2017, USDA drastically reduced the guarantee or funding fee they charge upfront on USDA loans, plus lowered the annual fee also. So the great news is that the USDA guarantee fee 2018 (also often referred to as a USDA funding fee) will remain at […]
- Gift Letter for Mortgage: Requirements for Who, What, and How MuchSeptember 21, 2017 - 7:16 pm
Buying a home is the American dream for many and there are a lot of programs available to accomplish this dream. But what happens when the buyer needs a little extra funds in order to purchase? That is where a gift can be very beneficial. Although it is important to understand gift requirements such as […]
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