The type of lender you choose can make a difference.

1% Down Purchase Program

FHFA to update area medium income limits (AMI). Important news for Affordable Housing Programs with home prices increasing.

Every home has a story. My grandfather raised his family over the small grocery store he owned. The dream transcends generations, building communities and our country.

Inflation may be easing and mortgage rates may improve as we head into summer.

The world of mortgages can be complex and confusing, with various options and terms to consider. In recent years, advancements in artificial intelligence have made it possible to access information and support through chatbots and virtual assistants. One such technology is ChatGPT, a language model trained by OpenAI that can provide information and guidance on various topics, including mortgages.

There is no such thing as free money, and it is important to understand the details of the offer fully and to make sure that it is truly better than what you could secure with an outside lender.

So how does this impact mortgage rates? First, what dictates the direction or mortgage interest rates is the purchase and sale of Mortgage Backed Securities (MBS) on the secondary market. Investors purchase these as they would other investment vehicles such as stocks, bonds, etc. It is a matter of where they perceive they will receive the best return on their money.

Do you have PMI on your current loan due to being unable to put down 20% when you purchased your home?  Now may be a great time to review this to see if you can request removal sooner than expected based on the appreciating housing market we have been in.  Think of what you could do with the monthly savings!

There is no FREE Money - Here is how it works.

Thinking about refinancing your existing home loan? Here are some basics terms and concepts to help you make sense of the current situation, including Rate/Term Refinance, Cash Out Refinance, and Recast Options.