Assumable Mortgages: More Than Meets the Eye Hey there! 🌟 Let's dive into the world of the assumable mortgage. Picture this: You're house hunting and stumble upon a gem with an assumable mortgage. Sounds like a sweet deal, right? But…
When Will Mortgage Rates Drop? Unlocking the Mystery Have you ever tried to predict the weather with a pinecone or perhaps by how frisky your cat is acting? Well, forecasting mortgage rates can sometimes feel just as whimsical. So, let’s…
2024 Loan Limit: Navigating the Jump from $726,200 to $750,000 Introduction What’s All the Buzz About? Hey, you future homebuyers and savvy sellers, have you heard? 📣 The 2024 loan limit is getting a facelift, and it's not just a…
Zillow’s Zestimate: What Went Wrong? 🏠 What is Zestimate? Zillow’s Zestimate is a familiar name for many homeowners. It estimates a home's worth based on various data. But is it always right? Zestimate vs. Appraisal: What's the Difference? 🤔 First,…
Introducing the New "Dream for All Program" for March 2024! 🌟 Dreams don’t wait. And neither should you. The revamped “Dream for All Program” is all set to roll out in March 2024. Exciting changes are coming your way! 🎉…
Should I Lock My Rate? Buying a home? You’re probably wondering, should I lock my rate? It’s a common question—and a smart one! Mortgage rates can change faster than your favorite streaming show’s plot twists. Locking your rate can protect…
Here's the latest news, from the Mortgage Bankers Association (MBA); Mortgage Rate Forecast 2024-2025 According to MBAs insights there is a suggestion of rates remaining higher through 2023 with rates beginning to drop in 2024 and further in 2025. So…
Ah, AirBNB, the friendly neighbor who turned your quiet street into a bustling hotel corridor. But could it actually cause a real estate crash? An AirBNB Crash? Let's dig into this, shall we? AirBNB and the Real Estate Market: A…
When applying for a mortgage, one crucial document you'll receive is the Loan Estimate. This document outlines the key details of your mortgage, including interest rates, closing costs, and other important terms. To ensure you're making an informed decision, it's…
How Your Down Payment Percentage Influences Your Home Loan Interest Rate Securing a home loan can be both exciting and nerve-wracking. As you embark on this journey, understanding the impact of your down payment amount or percentage on the interest…
