Articles
FHA Reduces Insurance Premiums!
The department of U.S. Housing and Urban Development (HUD) announced on Monday that they will reducing the premiums charged on FHA insured mortgages by a quarter of a percent (.25%). HUD secretary Julian Castro stated that four years of growth and the…
How to Know When It’s Time to Refi?
We’ve been talking about how great interest rates are for a few years now and when rates are low, there’s always that thought that maybe it would be advantageous to refinance the house. So how do you know if a refi actually…
6 Real Estate Predictions for 2017
With the New Year upon us and a new president being ushered in about 3 weeks, many are wondering what might be in store for the Real Estate market in 2017. Here are some bold predictions based on the thoughts and opinions…
Will Rising Mortgage Rates Impact Housing?
In case you haven’t noticed, mortgage rates are now at the highest level in two years and the Federal Reserve just raised rates on Wednesday. Even before the Fed’s move, the average rate on a 30-year fixed mortgage went up from record…
Loan Limits Increase for 2017
Fannie Mae and Freddie Mac have announced an increase in the maximum conforming loan limit for 2017. This is big news since it is the first such increase since 2006. Beginning on January 1, 2017, the new conforming loan limit for a…
Possible Real Estate Trends for 2017
As 2017 is quickly approaching, many people might be wondering what they can expect to see in the real estate market for the upcoming year. A recent article in The Fiscal Times outlined several real estate trends the experts predict for the…