Posts Covering Mortgage News
January 18, 2018 in Mortgage News
2018 conforming loan limits are higher by nearly 7% compared to last year. How this will help applicants who were considering a jumbo loan.
January 4, 2018 in Mortgage News
It seems the recently passed tax legislation may have some hidden benefits for this year’s home buyers. According to a new report, the changes could slow home price growth by as much as 4 percent.
January 2, 2018 in Mortgage News
Finding the right home buying partners is now easier than ever, thanks to a brand new mortgage-specific search engine. Dubbed Vendor Surf, the tool lets buyers find companies in 75 different categories to help with their home purchase and mortgage process.
January could set the tone for 2018 mortgage rates. With a new tax code and the economy picking up steam, what does this month hold for mortgage rates?
December 29, 2017 in Mortgage News
If you want a low-risk home purchase, steer clear of Florida. The Sunshine State claims 10 of the nation’s 16 riskiest housing markets — markets where prices are outpacing incomes and rents are more affordable than mortgages.
December 26, 2017 in Mortgage News
Amazon Alexa users can now use their device to make payments on their Rocket Mortgage loans, among other mortgage-related tasks.
December 25, 2017 in Mortgage News
FICOs drop for average buyer It looks like mortgage lenders are loosening their credit standards a bit. According to data from Ellie Mae, November saw the average buyer FICO score drop two points over October. FICOs also dropped on refinance loans across the board. Lower FICO score? No problem According to Ellie Mae’s November Origination […]
The Fed hiked rates for just the fifth time since the financial crisis. What does that mean for mortgage rates?
The mortgage experience is not completely equal for the male versus female Millennial homebuyer.
December 12, 2017 in Mortgage News
While the mortgage application is still about as much fun as a DMV appointment for most, at the end of the day, borrowers are happy with their lenders and their home loans.
Housing inventory is rising in many markets. That should increase the supply of affordable homes for new buyers.
Like new It’s all about new properties with today’s home buyers. According to new data from the U.S. Department of Commerce, sales of new homes spiked in October, jumping more than 6 percent over the month. Sales up About 685,000 new homes sold in October – up from 645,000 in September. It’s the third month […]
Home prices have risen alarmingly recently, putting pressure on first-time buyers to find affordable properties. But things might be improving for those trying to buy a home this year.
Fannie Mae and Freddie mac loan limits will go up in 2018 for most borrowers. find out about your area's loan limit here.
Builders are confident and doing well, and new home construction is up. This is good news for buyers who are looking for affordable homes
Mortgage refinancing is popular again, as interest rates fall.
November 15, 2017 in Mortgage News
Mortgage customer satisfaction: what do homebuyers and homeowners want, and who delivers it best?
Tax reform is trying to make its way through Congress. If passed, what would it mean for the everyday home buyer and home owner?
An increase in new home construction is good for today's homebuyers.
2018 Conforming, FHA, & VA Loan Limits
Mortgage loan limits for every U.S. county, as published by Fannie Mae & Freddie Mac, the Federal Housing Administration (FHA), and the Department of Veterans Affairs (VA)