Looking back 10 years
10 years ago we were all younger and more energetic. You could have never imagined today you would be so different from the person that you thought yourself to be a decade’s ago. Plans change, chance events materialized, and instinctual decisions interestingly turned out to be right on. That’s the unpredictable journey […]

Under the Economic Stimulas Act of 2008, FHA and conforming loan limits are set at 125% of area median home prices as determined by HUD. 
Higher loans limits should draw many “move-up” buyers into the market since they will be able to get better loan terms.
If you have been looking to move up into a larger […]

The housing slowdown isn’t being felt in some areas around the country.
For example, in some California areas the housing supply limited.
Other metropolitan areas continued to post gains in home prices nearly every month are Seattle, Portland, OR, and Charlotte, NC. In Charlotte, home price growth has averaged around 7 percent over the last five years. […]

There is a good reason to buy now instead of waiting for prices to come down.
Consider a typical home that sells for around $219,000. For example, you put down 20% and get a 30 year fixed rate mortgage at today’s rate of 5.5%. With that, monthly principal and interest payments would come to around […]

The Federal Reserve’s recent rate cutting moves are not lowering mortgage rates for new buyers, as much as they helping those who hold existing adjustable rate mortgages.
In addition, rates on home equity lines, credit cards, and many auto loans have all dropped significantly. Many homeowners now will not face higher rates as their adjustable-rate mortgages […]