Articles

How the California Housing Market Could Be Affected by Trump Tax Plan

President Trump in September 2017 released a tax plan that could bring major changes to the housing and mortgage industries, including in California. To understand how your home buying and/or refinancing could be affected in California, keep reading for the most up to date information. Doubling of the Standard Deduction One of the major changes… Read More »

Top Freddie Mac Loan Program for Home Buying and Refinancing

People who want to buy their own home have a variety of mortgage options available through Freddie Mac loan programs. Below is more information about the best Freddie Mac mortgage programs available for buyers and those who want to refinance. Freddie Mac mortgage rates continue to be competitively priced with housing affordability always being a… Read More »

Comparing Fannie Mae and FHA for First Time House Buyers

First time home buyers have many choices of mortgage loans available to them. Two of the most common are first time home mortgages that are backed by the Federal Housing Administration (FHA) and the Federal National Mortgage Association (Fannie Mae). Both of these entities offer attractive home loan programs with low down payments and reasonable… Read More »

Top 5 Down Payment Assistance Programs for New Home Buyers in the US

Interest rates are very low and house prices are going up, so many people are deciding to buy a home in 2017. But how many of us are worried about funding that down payment? New Home Buyer Grants Are Helping Renters Become Homeowners with Obtainable Down-Payment Assistance Programs Fortunately, there are down payment assistance programs… Read More »

When Is it Time to Purchase a Home?

Pros and Cons of House Buying and Renting It is a question that most people confront sooner or later: When is it time to purchase a home? Buying a home and renting both have their advantages and disadvantages. This article will take a close look at both sides of the rent vs. buy decision to… Read More »

Fannie Mae Home Path Loan Program Opportunities in 2017

Fannie Mae works closely with mortgage loan companies and other stakeholders in the real estate and finance industries to help home owners who have Fannie Mae loans to avoid a foreclosure. However, there are some situations where a foreclosure is unavoidable. When a foreclosure does occur, the goal of Fannie Mae is to sell the… Read More »

Co-Borrower Loan Requirements to Be Eligible for Home Mortgages

There are many potential home buyers in the US who may have difficulty getting a home loan in 2017 on their own. Experts recommend that they add a co-borrower to the mortgage application. With the co-borrower’s income, it may be more likely that you can get approved for a home loan. If you are considering… Read More »

5 Reasons to Save for a Home Loan Down Payment

People who are buying their first house typically have a challenge with coming up with the down payment for the home loan. A recent MPA survey revealed that confusion in regards to down payment requirements was one of the main reasons people in the U.S. delay becoming a homeowner, so we’ll discuss some strategies in… Read More »

Why Home Loan Interest Rates Will Remain Low in 2018

The interest rates on 30-year mortgages as of August 2017 were at the lowest point for the entire year, at a mere 3.86%. This is the lowest rates have been since November of 2016. Meanwhile, the rates on 15-year mortgages was only 3.16%, which are very popular with people who refinance. Many experts expected that… Read More »

How the Realtor and Lender Play Key Roles in Home Buying

Most people in America think that owning a home is part of the American Dream. That is true, but the process of buying your first home can seem rather daunting. Fortunately, the home buying process is made easier when you choose a good realtor and lender. By working with an experienced real estate agent and… Read More »

Understanding Disability Benefits for VA Loans

The VA mortgage program is a great way for active duty and many former military to get a home loan with very favorable terms. VA home loan programs are made available in 2017 to retired, discharged, and active military and reservists who meet the necessary qualifications. VA home loans are also available to those with… Read More »

Guide to Government Home Loans

How much do you know about government home loans? First, when we say that, what we really mean is that the loan is backed by the full faith and credit of the federal government. If you default on the government home loan, the US government reimburses the lender for most of the loan balance. Government-backed… Read More »

Millennial Guide to FHA Mortgage Loans

People who are weary of paying rent may think that they have no choice because who can afford to put 20% down to buy a home? Fortunately, it’s a myth that 20% is needed to buy a home in America today. With a home mortgage from the FHA, millennials can buy a home much sooner… Read More »