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Tag Archives: financing
Found Money – Buy More House!
ShareTweet Everybody knows you can write off your mortgage interest and property taxes, but few people understand what that means when it comes to your monthly income. If you purchase a home with a $200,000 mortgage at 4.75% interest you … Continue reading
Rates are Best in 3 Months! What are YOU Waiting For?
ShareTweet Snow melt? Even Lower Rates? More Homes for Sale? Saving for a larger Down Payment? Whatever you are waiting for it could cost you a fortune! Even though we are experiencing a small down tick in rates, the trend … Continue reading
Posted in Financing, News, Real Estate
Tagged best interest rate, Conventional, Expert Advice, FHA, financing, mortgage, real estate, usda, VA, Victory Funding
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Holy C.O.W.! [Cost of Waiting] In Today’s Market!
ShareTweet $30,000 is NOT chump change! However, that is what you could be giving up if you wait ONE YEAR to buy a piece of property. That’s right $30,000! Here’s the math… If interest rates go up 1% and property … Continue reading
Posted in Financing, Free Tips, New Borrower
Tagged buyer, education, financing, real estate, tips
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Fannie Mae Increases Minimum Down Payment in November 2013!
ShareTweet You read that correctly! Beginning November borrowers will not have access to 3% down mortgages through Fannie Mae. The minimum down payment will increase to 5%, forcing borrowers to turn to FHA with a higher cost due to Mortgage … Continue reading
Posted in Real Estate
Tagged financing, Malta, mortgage, mortgage broker, real estate, Saratoga
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Big Changes to 100% USDA Financing!
ShareTweet As of October 1st 2013 the USDA eligible housing map will change! If your loan is not approved at USDA before that date there is a good chance it will not fund! If you are a Real Estate Professional … Continue reading
Interest Rates and Unemployment Stats are Linked
ShareTweet For those of us that follow interest rates on a daily, or hourly, basis it is easy to see some interesting trends in market. For instance, when the unemployment numbers come out Interest rates always react. When the news … Continue reading