Apr 8, 2021 | For Buyers, Home Financing, Market Trends, Real Estate, Rent vs Own
First-time homebuyers with little or no credit have what some call a “thin file.” But it may not prevent them from getting approved for a mortgage. Most are eligible for FHA loans and can even get conventional mortgages if they prove steady income, assets, and a...
Apr 2, 2021 | For Buyers, For Sellers, Home Financing, Real Estate, Rent vs Own
The Federal Housing Finance Agency (FHFA) is extending lighter appraisal and employment verification rules for Fannie Mae and Freddie Mac. Because the pandemic made it harder for appraisers to enter houses, FHFA authorized mor drive-by and desktop appraisals. It will...
Mar 15, 2021 | For Buyers, Home Financing, Market Trends, Real Estate, Rent vs Own
Right now, headlines suggest that homes have become unaffordable for most Americans. But in reality, evidence shows that owning a home is more affordable than renting in most parts of the country. Record-low interest rates are keeping monthly mortgage payments about...
Nov 21, 2019 | For Buyers, Home Financing, Market Trends, Real Estate, Rent vs Own
I’ll challenge the idea that there is a ‘best’ time to buy or sell a home: Mortgage Rates Jump around. Even a small change in rates makes a large difference in home prices. This change is unpredictable. Statistics tell only part of the Story Home prices and demand...
Nov 14, 2019 | Business, For Buyers, Real Estate, Rent vs Own
Investors put their money in appreciating assets. Here are reasons you should consider doing the same: Rates Are Crazy Low. Low rates mean affordable lending – more for your money. It Will Appreciate. Home Price Index (HPI) has increased year-over-year basis every...
Oct 21, 2019 | For Buyers, Home Financing, Real Estate, Rent vs Own
Saving A Down Payment. A road that seems to have no end, a drawn-out arduous journey. The excitement is unfathomable when you reach your goal. The Bills. Don’t stretch your budget and overlook expenses. Include taxes and insurance in your monthly payment along with...
