Similar to the FHFA, the U.S. Department of Housing and Urban Development (HUD) announces maximum loan limits each year for FHA loans. Today, they unveiled… Read More »2022 FHA Loan Limits: Floor Rises to $420,680, Ceiling to $970,800
The latest real estate and mortgage industry news, digested. Look beyond the headlines to better understand what’s really happening.
This morning, the 2022 conforming loan limits were officially announced by the FHFA, with the baseline limit hitting a whopping $647,200. Prior to this announcement,… Read More »2022 Conforming Loan Limit Jumps to $647,200
I think I finally know what’s going to cause the next major financial collapse. Crypto. Ignore the fact that the word “cry” is part of… Read More »What Will Cause the Next Housing Crash?
The headlines surrounding the housing market and mortgage rates have been quite pessimistic lately. So bad that you might think this so-called real estate bubble… Read More »Is Real Estate Going Down, At Long Last? Why You Shouldn’t Get Your Hopes Up Just Yet
Zillow Offers Shuts Down Because It Can’t Forecast Future Home Prices, 25% of Workforce to Be Let Go
In a somewhat strange turn of events, the iBuying unit of Zillow, known as Zillow Offers, is shutting down after an initial suspension late last… Read More »Zillow Offers Shuts Down Because It Can’t Forecast Future Home Prices, 25% of Workforce to Be Let Go
In a rather surprising turn, Zillow has suspended new home purchases via its Zillow Offers unit through the end of 2021. It’s actually the second… Read More »Zillow Hits Pause on iBuying for the Rest of 2021: Should We Worry?
If you’re curious who the top VA loan lenders were last year, wonder no longer. The biggest was Freedom Mortgage, a direct lender based out… Read More »Top VA Loan Lenders: Freedom Mortgage Beat Out the Competition in 2020
Back in July, the NCAA granted college athletes the opportunity to make money by using their “name, image and likeness” (NIL). This means getting paid… Read More »Michigan State Athletes Will Soon Be Paid $500 Per Month to Promote Mortgage Brokers
This appears to be a first – digital mortgage lender Neat Loans will provide applicants with a $500 discount if they’re vaccinated for COVID-19. The… Read More »Neat Loans Will Give You a $500 Discount on Your Mortgage If You Got the COVID-19 Vaccine
It’s a question a lot of prospective home buyers are asking right now. When will the housing market slow down? When will the bidding wars… Read More »Is the Housing Market Finally Slowing Down? Not So Fast…