Big changes coming to conventional mortgages! If you’re planning to apply for a conventional mortgages for your home purchase or refinance (click and read “Home Sales Surge: A Time to Invest!“), you should be aware of some changes that are coming your way. As of May, the Federal Housing Finance Agency has updated its pricing […]

If you’re thinking about homeownership, you want to know the decision will be a good one. And for many, that means thinking about what home prices are projected to do in the coming years. This could impact your investment. So how homeownership is the key to long-term wealth?? Home Price Appreciation in the Years Ahead

Do not worry if you are a first-time homebuyer in California. If you missed out on the CalHFA Dream For All program, there are many other payment programs you need to know. Homeownership is not just a dream for all. Thus, there are other down payment assistance programs available to help you achieve your homeownership

As a potential home buyer, it’s crucial to understand how even a small shift in mortgage rates can significantly affect your home buying power and monthly payments. The 30-year fixed mortgage rate has been fluctuating between 6% and 7% this year. Thus, let’s explore the connection between home buying power and changing rates, the benefits

California Dream for All: A Path to Homeownership for First-Time Homebuyers The California Dream for All program is a state-sponsored initiative aimed at assisting low- and moderate-income first-time home buyers. This is to achieve homeownership by providing shared-appreciation loans for down payment assistance. This program has been introduced under Senate Bill 197 which was administered

February Home Sales Rise by 14.5% with Prices Dropping for the First Time in a Year because of home sales surge! According to the reports of National Association of Realtors, home sales surge happened in February by 14.5% breaking a 12-month losing streak. Buyers take advantage of declining mortgage rates. Lawrence Yun, NAR’s chief economist,

In recent years, the media has been buzzing with headlines claiming that it’s better to rent than to own a home. However, before you make any decisions based on these reports, it’s important to understand the assumptions behind them…  and the truth behind renting. The methodology behind many of these reports assumes that renters have

If you’re a self-employed individual, it’s especially important to speak with a licensed mortgage loan officer before filing your taxes. This is to ensure you’re making the right financial decisions. If you’re considering buying a home, utilizing your tax refund as a down payment can have numerous benefits. For that, let’s discuss the importance of

Are you dreaming of owning a home but think you need to save up for years to make it happen? Think again! You don’t need as much money as you think to buy a house. Here are three key things that can help you achieve your dream of home ownership sooner than you think. Low Down-Payment Options