2024 FHA Loan Limits Rise to $498,257
The Federal Housing Administration (FHA) announced new loan limits for 2024 this week, bumping up the “floor” on FHA loans to $498,257. This represents a… Read More »2024 FHA Loan Limits Rise to $498,257
2024 Conforming Loan Limit Climbs to $766,550
Another year, another increase in the conforming loan limit, thanks to continued home price gains. The FHFA announced today that the new limit for loans… Read More »2024 Conforming Loan Limit Climbs to $766,550
Foreclosures Halted for VA Loan Holders Until June 2024 (Extended to December 31st)
In an effort to keep more veterans and servicemembers in their homes, the VA has paused foreclosures for the next six months. The move was… Read More »Foreclosures Halted for VA Loan Holders Until June 2024 (Extended to December 31st)
Guaranteed Rate Launches Lock It, List It: Real Estate Agents Can Secure a Discounted Mortgage Rate for the Buyer Before They List
A new program called “Lock It, List It” allows real estate agents to secure a mortgage rate for a buyer before the property even hits… Read More »Guaranteed Rate Launches Lock It, List It: Real Estate Agents Can Secure a Discounted Mortgage Rate for the Buyer Before They List
Is Now a Good Time to Refinance My Home?
Mortgage Q&A: “Is now a good time to refinance my home?” If you’re one of the few people asking this question right now, the short… Read More »Is Now a Good Time to Refinance My Home?
Zillow Home Loans Review: Best-in-Class Service Offered By a Household Name, But How Are the Rates?
In the spring of 2019, “Zillow Home Loans” was launched by its parent company Zillow. You probably know them best for their popular Zestimates, which… Read More »Zillow Home Loans Review: Best-in-Class Service Offered By a Household Name, But How Are the Rates?
Down Payments on Houses Rise to Highest Levels in Over 20 Years
Gone are the days of the zero-down mortgage. At least for the typical home buyer. Instead, the 2023 Profile of Home Buyers and Sellers from… Read More »Down Payments on Houses Rise to Highest Levels in Over 20 Years
It Now Takes More Than a Decade to Break Even on a Home Purchase
I’ve already written about it not being the best time to buy a home right now, at least from a pure investment standpoint. In short,… Read More »It Now Takes More Than a Decade to Break Even on a Home Purchase
What Mortgage Has the Best Interest Rate and Why?
Here’s an interesting question: “What mortgage has the best interest rate?” Before we dive in, “best” questions are always a bit difficult to answer universally.… Read More »What Mortgage Has the Best Interest Rate and Why?
Inspire Home Loans Review: You Might Be Able to Snag Major Savings When Buying a New Home
It’s time to check out “Inspire Home Loans,” which is the lending partner of home builder Century Communities. They pride themselves on knowing how their… Read More »Inspire Home Loans Review: You Might Be Able to Snag Major Savings When Buying a New Home