MORTGAGE POSTS, NEWS AND PRODUCT UPDATES
ARM Muscle!!!
A 7/1 ARM, adjustable-rate mortgage with a fixed rate for the first 7 years, adjusting annually after that, has some real advantages that make it wort …
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Affordable?
With mortgage rates moving higher over the past week, many home buyers are looking for ways to improve affordability without delaying their home purch …
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The Buyer Still Has The Edge!
The housing market remains in a more balanced environment this week, giving buyers more negotiating power than they have enjoyed in several years. Inv …
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No Cost Refinance?
A no-cost mortgage refinance is a refinance where the borrower doesn’t pay any out-of-pocket closing costs; no appraisal fee, no origination fee, no t …
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A Perfect 10!
A 10-year fixed-rate mortgage is an excellent financing option for homeowners who want to pay off their home quickly while minimizing the total intere …
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This Summer Is A Sizzling Time For Buyers!
The housing market continues to move at a measured pace as mortgage rates remain elevated but relatively stable. The average 30-year fixed mortgage ra …
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A One-Year Arm….Why Not?
A 1-year Adjustable-Rate Mortgage (ARM) may be worth considering for buyers who expect their financial situation or housing needs to change in the nea …
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Financial Freedom Faster….
Alliteration aside, A 15-year mortgage can be an excellent option for home buyers and homeowners who want to build wealth through homeownership faster …
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The Best Opportunity In Years!
The real estate market continues to show signs of gradual improvement as we move further into the summer buying season. While mortgage rates remain el …
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Summertime……Homeownership Time!!!!
The U.S. real estate market this week remains a balanced environment after several years of extreme seller advantage. Inventory levels are increasing …
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Are You Delaying Buying Your New Home Because Of The Cash Needed To Close?
Many home buyers are surprised to learn that FHA financing can effectively provide 100% financing when combined with a down payment assistance grant o …
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Becoming HomeReady
The Fannie Mae HomeReady Mortgage Program is designed to make homeownership more accessible for low-to-moderate income borrowers. It offers flexible u …
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More Inventory! More Choices! Better Deals!
The real estate market this week continues to be shaped by a combination of elevated mortgage rates, steady buyer demand, and a limited supply of home …
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Why Is The 5/1 ARM Is More And More Popular?
A few months ago, we discussed the benefits of Hybrid Arms. The recent increase in mortgage rates has the discussion regarding Hybrid ARMs starting a …
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Rates May Have Inched UP, But Rates Remain Near Three-Year Lows: Auto Draft
The housing market continues to face headwinds from mortgage rates that remain in the mid-6% range. Freddie Mac reported the average 30-year fixed-rat …
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The FDM Payment Power Program!
The FDM Payment Power Program is a lender-paid one-year mortgage buydown providing meaningful savings and improved affordability during the first year …
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The Market Continues to Level Off Creating a Buyer Opportunity!
The real estate market this week continues to be defined by a gradual shift toward balance after several years of extreme conditions. Mortgage rates r …
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How Can I Lower My Mortgage Payment
The Spring market is blooming with opportunities for buyers. Unfortunately, affordability continues to challenge many buyers. Worried about your …
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Help From The State!
State Bond Mortgage Programs, often called Housing Finance Agency (HFA) bond loans, are powerful tools designed to make homeownership more affordable, …
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Just Right!!!
You are looking for your new home. You look and look but just can’t find the “just right” home. The house is the right size, and in the community …
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