Since the beginning of 2013, mortgage interest rates have been slowly moving upward. Not a lot and not everyday, but the trend is definitely upward. No one expected rates would...Read More
So you have decided that this is the year to buy a new home – wonderful!! There are a few things that will make this a little easier! First decide...Read More
HUD issued a press release this week outlining the changes we knew were coming, but were hoping wouldn't be here until later this year! The changes won't be effective until...Read More
A financing option we often forget about is the fact that an FHA mortgage is fully assumable by a qualified buyer. This could be an option for buyers who don't...Read More
Some of my clients are wondering if they should refinance or wait. The main reason is their home value. This is a big question when it comes to refinances. If...Read More
This week the Consumer Financial Protection Bureau released their new guidelines that all lenders will have to follow. The "ability to repay" and "qualified mortgage" rules will go into effect...Read More
Did you know that not all condos are approved for FHA or VA financing? That's right… in order to qualify for FHA/VA financing a condomimium project must be on their pre-approved list. If...Read More
Congress finalized the fiscal cliff deal last week and made some changes that will affect homebuyers. Here are some of the changes! One big one is the tax break on...Read More
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