Home Sellers may be reluctant to put their property on the market right now, and that’s understandable maybe, but is it a smart financial move? The current lack of inventory in the Real Estate market, coupled with low mortgage interest rates, and the very simple fact that ‘everyone has to live somewhere’, have created the… Read More
Conventional Mortgages
Mortgage Sense… Conventional? FHA? or Something Else
I’ve talked a great deal about VA Mortgages in these posts, and I have no doubt we’ll be touching on that subject again very soon as a lot has changed. But for those of you who are not lucky enough to be able to take advantage of the VA’s zero-down option, today we touch on… Read More
Conforming Mortgage Loan Limits Increase for Home Buyers
Home Buyers utilizing the Conventional Mortgage are seeing an increase in conforming home loan limits. Loan limits generally keep pace with housing prices in various regions and have been adjusted upward for the 2019 housing market. The conforming limit does not refer to the price of the home,
Mortgage Rates Dip Three Weeks in a Row
Wannabe home buyers rejoice—mortgage rates are steadily declining. Freddie Mac recently released the results of its Primary Mortgage Market Survey® (PMMS®), showing mortgage rates moving lower for the third consecutive week amid another week of market turbulence. “The Freddie Mac mortgage rate survey had difficulty keeping up with market events this week,” says Sean Becketti, chief… Read More