Mortgage Rates Drop to 3-Month Lows

Mortgage Rates Drop to 3-Month Lows   When MBS improve, lenders are creating loans that are worth more money and can thus offer them at lower rates. Today's rates improved by more than would be suggested by the improvement in MBS …

Mortgage Rates Fall Back To Multi-Month Lows

Mortgage Rates Fall Back to Multi-Month Lows  

Mortgage rates moved moderately lower today after new economic data showed a big drop in the cost of labor in Q3. Labor costs are one of the places the Fed looks for evidence …

FHA LOAN LIMITS INCREASE FOR 2023

FHA Loan Limits Increase For 2023

FHA Announces New Single Family Title II Forward and Home Equity Conversion Mortgage Loan Limits for 2023 FHA’s 2023 minimum national loan limit floor of $472,030 for a one-unit property is set at 65 percent of …

Mortgage Rates Drop Sharply

Mortgage Rates Drop Sharply, Hitting Lowest Levels Since Mid-September

 Mortgage rates had been in a holding pattern for nearly 3 weeks following the November 10th CPI inflation data. On that single day, the average 30yr fixed rate fell by a record amount (as far …

$726,200 Is The New Conforming Loan Limit

$726,200 is The New Loan Limit for 2023; High Cost Counties Now Over $1m. $726,200 is the base amount. Higher cost areas have access to higher limits based on the average home prices in that area. The highest tier …

Mortgage Rates Holding Near 2 Month Lows

Mortgage Rates Holding Near 2 Month Lows Let's talk about the current state of mortgage rates. This is an important caveat over the past few days because lenders have adjusted their individual rates by widely varying amounts and in …

Fed Sees Risk Of Big Declines In Still-Lofty US Housing Prices

Fed sees risk of big declines in still-lofty US house prices THE Federal Reserve suggested on Friday (Nov 4) that lofty home prices could be susceptible to steep declines after big run-ups in recent years on the …

Mortgage rates poised to improve on 10 Year Treasury Yield Dive!

Mortgage rates poised to improve on 10 Year Bond Yield Dive! Reach out to your lender today and get your updated mortgage rate!!!  Take advantage of this 10 year treasury yield drop.

How the Treasury …

Florida Hometown Heroes Housing Program

Florida Hometown Heroes Housing Program

The Florida Hometown Heroes Housing Program makes homeownership affordable for eligible frontline community workers by providing down-payment and closing-cost assistance to first-time, income-qualified home buyers so they can purchase a primary residence in their communities.

Eligible …

How Does A 2-1 Interest Rate Buy-Down Really Work?

How does a 2/1 Interest Rate Buy-Down Really Work?

Transcript:

Hello Brenden Rendo from NextHome Neighborhood Realty I'm joined today by Joseph Dionne of Appli Home Loans and we're addressing today one of the biggest …