Recently Closed Mortgage – Battle Mountain, NV
Recently John Meussner and team were fortunate enough to help a lucky buyer pick up a new home in Battle Mountain, NV. Using FHA financing, the home buyer was able to get into a new (to him) home with total out of pocket money equaling just 3.5% of the purchase price. This means that for…
Read MoreThe Fed Rate Increases .25
The Fed announced today an interest rate hike of .25 to the Fed funds rate. This brings the Fed funds rate to 5.5%, the highest level in 22 years, as the Fed continues to fight against stubbornly sticky inflation. In commentary following the hike, Fed officials noted they’ll watch inflation and monitor the overall marketplace…
Read MoreWashington DC Mortgage – Licensed & Ready to Help!
Our team, as of today, is licensed to assist home buyers and home owners with mortgage needs in Washington DC. Washington DC mortgage needs are specific to an area, and previously we were only able to assist outside of the district for those folks settling in Maryland or Virginia, however we can now continue to…
Read MoreRecently Closed – Buying a Home in Baltimore, MD
A few weeks ago, one of our favorite (and best) Realtor partners in the country, Margaret Rome, reached out to tell us about a home buyer that needed help with a preapproval and purchase mortgage for his first home in Baltimore. A recent graduate, our customer was moving across country from Minnesota to Baltimore, MD,…
Read MoreDo Credit Bureaus Sell Your Information? – Trigger Leads
Do Credit Bureaus Sell Your Information – Trigger Leads Have you ever had your credit report pulled when applying for a loan, only to be bombarded with calls from creditors trying to sell you services or offering you loans? This isn’t a coincidence, and is one of the most annoying aspects of applying for…
Read MoreEmployer Affinity is HERE
Employer Affinity Program is Here NOW We are very pleased to announce the arrival of our Employer Affinity Benefits mortgage program. This program allows eligible employers to offer their employees and their families access to special home financing benefits. This helps employees save money and gain access to benefits, and in turn allows employers…
Read More2023 Mortgage Forecast & Housing Outlook
Our 2023 Mortgage Forecast & Housing Outlook Happy 2023! We hope this data, forecast, and our opinions are helpful in guiding you or your clients to a successful year in real estate! We believe it’s a great time to buy a home, and that in 2023 we’ll begin to see many of the challenges 2022…
Read MoreIs it a good time to buy a house?
Is It a Good Time to Buy a House? This question is one of the most common questions we see from consumers, investors, real estate agents, and many others with interest in the real estate market. The answer is ‘yes’. But it also depends on your specific situation, what’s important to you, and where…
Read MoreConventional Loan Limits Announced for 2023
The Federal Housing Finance Agency (FHFA) has released the loan limits for 2023. With this announcement, FHFA has effectively raised the limit on how many dollars can be borrowed using Fannie Mae & Freddie Mac Conventional loan products. The loan limits increased across the nation, with variances in the increases for “high cost areas”, and…
Read MoreWhat’s Happening in the Housing Market
As Q3 winds down for 2022, I wanted to provide some insights into where the housing and mortgage markets are, and what’s likely to occur going forward. If Q2 was to be summed up with one word, it would likely be volatility. We witnessed 2 aggressive Fed rate hikes, with opposite market reactions each time. Interest…
Read More
