by Candace Ellington | Feb 21, 2024 | Mortgage News
When purchasing a home, one important step that homebuyers often overlook or delay is getting preapproved for a mortgage. Mortgage preapproval is a service provided by lenders that offers homebuyers a comprehensive understanding of their borrowing capacity, giving...
by Candace Ellington | May 10, 2021 | Mortgage News
A new tax credit of up to $15,000 for first-time home buyers is being proposed by the Biden Administration. A tax credit, unlike a deduction, decreases the total tax bill rather than lowering your taxable income. For example, if you owed $20,000 in income taxes and...
by Candace Ellington | Mar 16, 2021 | Mortgage News
The real estate market continues its upward movement defined by low-interest rates, rising home appreciation, and increasing housing demand. Looking forward toward this year’s home-buying season, forecasters are discussing a record-breaking performance from the real...
by Candace Ellington | Jan 28, 2020 | Mortgage News
A recently released survey conducted by the National Association of Realtors (NAR) shares a common finding between that of the National Housing Survey (NHS) conducted by Fannie Mae. Specifically, 63 percent of respondents to NAR's fourth quarter Housing Opportunities...
by RyanM | Oct 3, 2019 | Mortgage News
Lower interest rates have historically given homeowners the green light to refinance their homes in order to lower their monthly payments. Even if you think you have a great rate already and won't benefit from refinancing your mortgage, you may be mistaken. There is a...