Hand with pen writing on a mortgage application - refinance, mortgage, interest rate, home loans, reverse mortgage, credit - Bill Salvatore, Realty Excellence East Valley - Arizona Elite Properties 602-999-0952

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,

Equity Loans, Rising Home Prices in Phoenix Market - Bill Salvatore, Realty Excellence East Valley - 602-999-0952

Mortgage Rates Move Higher

It’s possible that slightly higher interest rates could be offset by a program to help with your down payment. Both Maricopa and Pinal Counties offer fantastic Down Payment Assistance grants… the ‘grant’ part means you are never required to repay this money. It is essentially “Free” money. I know several lenders that are approved to… Read More