This was quite an interesting year for the real estate market. Home prices continued to rise and bidding wars remained prevalent, all despite rising interest rates. Many buyers found it difficult to compete for homes given high prices and mortgage limits. Fortunately, there is good news for buyers hoping to inch into higher price points […]
MassHousing Down Payment Assistance for Homebuyers
First time home buyers often struggle with saving up enough money for a down payment. During that time, home prices and interest rates continue to rise, making it even more challenging to buy. If you’ve been delaying a home purchase due to insufficient down payment funds, here’s some good news. MassHousing down payment assistance for […]
Using Wedding Gift Funds to Purchase a Home
If you’re getting married, one of the next major events in your life is probably purchasing your first home together. In fact, you may want to use the cash gifts from your wedding towards your down payment. Below is some helpful information on using wedding gift funds to purchase a home in Massachusetts or New […]
New 2018 Limits For FHA Loans In Massachusetts
New 2018 limits for FHA loans in Massachusetts and other useful information for Massachusetts buyers – provided by Christopher Graves at Sierra Pacific Mortgage Company
Massachusetts Bridge Loans – Overview Of Bridge Loans
Massachusetts bridge loans – overview of bridge loans, shared by Christopher Graves at Sierra Pacific Mortgage Company
FHA PMI Rate Reductions Cancelled
We were so happy to announce a few weeks ago that the FHA monthly PMI rates were going to drop later this month. However, an important change has taken place. Last Friday, the Trump Administration announced that FHA PMI rate reductions were cancelled. A Freeze to All Pending Regulations The White House issued a memo freezing […]
Reduced Monthly Mortgage Insurance Rates for FHA Loans Starting January 27, 2017
UPDATE 1/20/17: This rate reduction was cancelled by the Trump Adminsitration. Click here for details. The beginning of the new year comes with some BIG news for first time home buyers. FHA announced reduced monthly mortgage insurance rates for FHA loans starting January 27, 2017. This will reduce monthly payments for FHA buyers or allow them to […]
Well Water Requirements for FHA Loans
Details on the well water requirements for FHA loans | Important for NH and MA home buyers purchasing in areas without public water sources
FHFA Increases Conforming Loan Limits for 2017
The Federal Housing Finance Agency (FHFA) has finally decided to increase conforming loan limits for 2017 under Fannie Mae and Freddie Mac. This is great news for home buyers purchasing in this ever increasing real estate market. Why the Limit Remained the Same for So Long? The current baseline loan limit is $417,000 for a […]
Preparing for FHA Appraisals
Preparing for FHA appraisals involves addressing certain property deficiencies that do not meet HUD property safety guidelines
- « Previous Page
- 1
- …
- 4
- 5
- 6
- 7
- 8
- …
- 13
- Next Page »