Did you know that interest rates are lower now than they were during the great depression?  That is right, rates are lower now than the worst economic time in America’s history.  So, if you’ve been on the fence about buying a home or refinancing, maybe you should consider acting now. With 30 year fixed rates…

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When  is the best time to refinance your mortgage?  It can be a daunting task to predict if rates will continue to decline, or are you running the risk of them going up? The truth is it depends on you. I’ve seen people who refinanced in late 2019 take another swing as rates continue to decline.,…

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When you make the decision to buy a home it’s filled with a whirlwind of emotions and decisions.  One of these decisions is who to buy the house from.  If you have the opportunity to purchase it from a family member it has it’s benefits and disadvantages. It’s called a “Non Arms – Length” Transaction…

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VA loans give veterans an advantage over other home buyers because they require no downpayment and they’re government guaranteed.  This means there is also no mortgage insurance.  This affords the home buyer / veteran a lower payment and a lower interest rate. If you’re already in the home with a VA loan you are entitled…

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Mortgage rates fall yet again, after the 2nd cut in 2019 we are experiencing another drop in January 2020.  This is setting some government rates below 3% for a 30 year fixed.  That is unheard of since 2016. There is speculation that the reason for this drop in rates is the focus on the Wuhan…

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Did you know there is an FHA refinance loan out there that doesn’t require an appraisal?  Doesn’t require taxes / W2’s / Pay stubs or a ton of invasive questions?  If you have been in your FHA loan for 210 days or more without a missed payment, you can qualify for the FHA Streamline refinance…

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Do you hate the idea of paying mortgage insurance?  You are not alone, it’s prevented many people from buying a home because they cannot afford the 20% down payment.  What many people do not know is how to avoid mortgage insurance with LESS than a 20% down payment.  Let’s start with the basics: What is…

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People have been refinancing like crazy lately, with rates the lowest they’ve been in years it’s no wonder.  People are saving money, over the course of the last month I’ve noticed several of those clients ask me the same question: “What is the benefit of refinancing?” It dawned on me that many people probably don’t…

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Its no secret that rates rose in October, even after the Federal Reserve’s rate cut in July AND September.  All is not lost though, rates are still a considerably lower than they were last year, which suggests we may see this wave of cheaper money ride out the remainder of 2019.  It’s difficult to say…

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It’s no secret the market slows down once Fall and Winter hit, this is because so many buyers feel the season is over and the market dried up.  But the smart few understand this is their opportunity to save big money.  We can agree it’s not ideal to move in the Winter, but if you…

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