In June of 2022, the average 30-year fixed loan increased to roughly 5.25 percent. While mortgage rates are performing well, how are FHA loan requirements being impacted by the housing market? The housing market is constantly changing, and if you … Read More
The traditional rule of thumb is to put a 20% down payment towards a house. But with the median starter home price in the U.S. at $313,000, saving that much can seem impossible. What if there was a way that … Read More
With inflation on the rise, it was only a matter of time before interest rates went up as well. After the Federal Reserve raised them for the first time since December 2018, they hinted that we could expect them to … Read More
You read it right folks. Interest rates on a 30-year fixed-rate mortgage, according to a Market Watch article published on March 27th, are expected to be at 5% by year’s end. Anyone in the purchase market for a home had … Read More
Did you know 65% of homes in the United States are owner-occupied? While this figure is lower than the global average, it’s higher than most Western European countries. Yet, despite a healthy number of owner-occupied homes, many still struggle with … Read More
Newsflash! Conforming Loan Limits are $625,000 beginning on January 1, 2022!! Many people are paying on mortgages that fit the guidelines of being jumbo loans. Starting on January 1, 2022, the new loan limit is $625,000 instead of the 2021 … Read More
In Pennsylvania, the demand for homes is higher than ever. If you’re looking for affordable mortgage options, FHA financing may be a good fit for you. An FHA loan comes with several perks, including lower down payment requirements, and this … Read More
Between the second quarter of 2020 and the second quarter of 2021, house prices in the U.S. rose 17.4%. With prices increasing, it’s more important than ever to make sure you know how much you can afford and what your … Read More
COVID exposed every flaw of your rental—the noise, the slow repair processes, and most of all, the money you were paying for your rental never built any equity at all. While renting is an excellent option for some people, homeownership … Read More
79.36 million homes across America are owner-occupied. There are a whole lot of people who have achieved the goal of home ownership. Now they make their monthly payments and work to build equity in their homes. More Americans are achieving … Read More