In early February, Fannie Mae published the January 2019 Home Purchase Sentiment Index (HPSI). This data is based on the National Housing Survey data collected and published by Fannie Mae. Findings … [Read more...]
Down Payment Options to Buy a Home
Making the down payment to buy a home is one of the most difficult things for most homebuyers. Fortunately, though, there are low down payment options and even zero down payment options for many … [Read more...]
VA Home Loan Limits Raised for 2019
The VA loan guaranty program caps the 2019 baseline loan limit at $484,350, which is applicable for homes purchased in most areas of the U.S. However, the cap is raised in high-cost counties to as … [Read more...]
Tips to Get the Best Interest Rate on Your Mortgage
It’s important to get the best interest rate for your mortgage to have the lowest possible monthly payment, and possibly the option to lower the term of your loan and build equity more quickly. So, … [Read more...]
Conforming Home Loan Limits Increased in 2019
Every year, the Federal Housing Finance Agency (FHFA) adjusts the limits for conforming home loans to account for the change in home values. At the end of 2018, the FHFA announced new loan limits for … [Read more...]
Recovery from the Housing Market Crash Can Vary Greatly Within Markets
Home values have faced a lot of turmoil since 2008’s housing market crash, but they’ve generally been on the increase since the end of the downturn. However, research from Zillow suggests that home … [Read more...]
FHA Home Loan Limits Increased for 2019
There is good news for borrowers who will get an FHA home loan in 2019. The Federal Housing Administration (FHA) increased home loan limits for 2019 for most areas of the country, including key … [Read more...]
Florida Mortgages are Safer, But Tougher to Come By
Florida mortgages have proven to be safer and more transparent, according to Florida Trend. Today, lenders are more concerned about borrowers making the payment for the full term of the loan. As a … [Read more...]
Homebuyers Gaining Negotiating Power in Some Large Metros
Zillow recently published research detailing the changing housing market in the United States, as it swings toward becoming a buyers’ market. According to their research, Zillow found that many of the … [Read more...]
Fannie Mae Lowers Home Sales Forecast for 2019
An October 18th news release by Fannie Mae predicts a slowing housing market as the economic outlook remains steady for 2019. Economy Grows, Housing Market Falters In October, Fannie Mae’s Economic … [Read more...]
