New Increased Loan Limits Effective in 2020: What Does this Actually Mean?

Just before the end of November, the Federal Housing Finance Agency (FHFA) announced new maximums for 2020 conforming loan limits on mortgages

Best Practices for Refinancing Your Home While Rates Are Low

Buyers aren’t the only ones who can benefit from low mortgage rates. Homeowners can also take advantage. Whether ‘to refinance or not?’ is a common question when mortgage rates are low.

Mortgage Rates Are Low. So Why Isn’t Everyone Buying?

Interest rates continue to drop, mortgages are holding a historical low, wage growth is slowly increasing while unemployment percentages remain low, consumerism is healthy and the economy is at a strong point – the housing market is booming! Except, it isn’t.So what’s the deal?

Lower Rates Create New Opportunities for Buyers and Homeowners

At the end of July, Chairman Jerome Powell announced a cut in interest rates for the first time in over a decade. The Federal Reserve made a cut of 0.25 percent or 25 basis points – the first such move since the December 2008 financial crisis.

How to Minimize Your Closing Costs

The invoice for closing costs is the concluding obstacle between home buyers and their new homes, and it can draw an unexpected chunk of money. Closing costs can come in at up to 5% of your home’s purchase cost, so they’re not exactly small change. Let’s talk about...

What to Look for When Choosing a Lender

Purchasing a home is a long haul, so initially, in the process of looking for a home, you will need to find a lender you can trust. You’ll have a mortgage payment for 15, 20, or even 30 years, so it’s smart to shop around to find the best mortgage lenders out there.