7 things you need to know about FHA loans

7 things you should know about FHA financing

Posted Posted in FHA Loans, Mortgage Knowledge

What are the seven things you should know about FHA financing? Let’s take a look. The number 1 thing you should know about FHA financing is that FHA loans only require 3.5% down payment. That means that it becomes much more affordable for those of you who may not have a lot of money saved […]

BIG changes to CalHFA Down Payment Assistance

Posted Posted in Mortgage Knowledge

There are going to be BIG changes to the CalHFA down payment assistance programs Big changes to  CalHFA down payment assistance programs was announced on February 3rd.  The bulletin published by CalHFA addressed several changes which become effective on all loans that are reserved and rate locked on or after March 2, 2020 Changes to […]

Major changes to fha loans

HUGE change to FHA refinances

Posted Leave a commentPosted in Buyer Tips and Advice, FHA Loans, Mortgage Knowledge

There is a HUGE change to FHA refinances coming this September 1st HUD released a statement on August 1st, 2019 detailing a huge change to FHA refinances effective with case numbers issued on or after September 1,2019. Up until now, FHA refinances have allowed homeowners to cash out up to 85% of their home’s value.  […]

Markets In a Minute Update

Home Prices continue to rise

Posted Leave a commentPosted in Economic Market News

Markets In A Minute for week ending May 31, 2019: Home prices continue to rise This week on The Markets In a Minute: Home prices continue to rise Prefer video to reading? The click now! Economic growth in Q1 accelerated, but momentum is slowing. Inflation pressures were much weaker than initially thought, supporting lower rates.. […]

Markets In a Minute Update

Lots of good news in the new home market

Posted Posted in Economic Market News

Markets In A Minute for week ending May 17, 2019: Lots of good news in the new home market This week on The Markets In a Minute: Home builders see a bright future Prefer video to reading? The click now! Trade tensions with China increased this week, causing stocks to fall and bonds to improve. […]

Markets In a Minute Update

Guess what 3 things helped interest rates this week

Posted Leave a commentPosted in Economic Market News

Markets In A Minute for week ending May 10, 2019: Guess what 3 things helped interest rates this week This week on The Markets In a Minute: Three things helped interest rates this week, remodeling labor shortage and more Prefer video to reading? The click now! Tweets by President Trump reignited investor concerns over the […]