When you hear about rates in the news or at the watercooler, it’s important to know they are usually referring to the conforming conventional Fannie Mae or Freddie Mac rate. Rates for FHA, VA, high balance conventional, bank ...
When you think of your mortgage payment you may think of just the loan portion (principal and interest) or the loan portion plus your monthly amounts of property taxes and homeowners’ insurance. You may hear this information broken ...
You may have heard the term PMI thrown out there when discussing home loans and down payment amounts. Here is a quick lesson on what it is and how it affects your mortgage payment. PMI stands for Private ...
Rates hovering in the 6% range have a lot of buyers in an affordability crunch. Prices aren’t coming down like most had expected and are even going up in some price ranges. Buyers are between a rock and ...
It seems these days that everyone has a prediction for what the future holds for the real estate market. Some say that rates will come down, some say house prices will come down as well. I think potential ...
