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...]
Homeowners Can Pay Over $9,000 Annually in Hidden Costs
According to an August 21st press release from Zillow, homeowners in the U.S. are faced with more than $9,000 in hidden home costs annually. Although these costs are all home-related, they are often … [Read more...]
Florida Ranks 3rd Highest for Mortgage Application Fraud Risk
Why is it important to select a highly reputable mortgage broker in Florida? According to CoreLogics’s 2018 Mortgage Fraud Report, Florida ranks 3rd in the U.S. for risk of mortgage application … [Read more...]
Annual Home-Value Growth is Slowing in 20 of the 35 Largest Markets
An August 23rd press release from Zillow shows U.S. home-value growth slowed in 20 of the 35 largest housing markets, while the rental market is also showing signs of a slowdown. Zillow’s report is … [Read more...]
