Check out these Awesome Mortgage Programs for the Fall Season! The Fall real estate season is upon us… We are in a great mortgage rate environment as rates for government and conventional loans are at three year lows! Here are some great programs offered by our preferred loan … [Read more...]
10 Insider Tips for Buying New Construction
Read this BEFORE you Visit Your First Model Home. When shopping for your home, you’ll discover that most homes on the market are resales. One out of four homebuyers purchases a new home. Both new homes and re-sales offer advantages. Before you make a decision…COMPARE THESE POINTS! New … [Read more...]
2014 Real Estate Forecast
There are some fundamental variables that will shape the 2014 Real Estate Market. I have written down some of my thoughts below. It is going to be a bumpy ride for mortgage rates in the first half of 2014 as mortgage lenders try to figure out how to comply with the new qualified mortgage rules … [Read more...]
5 Financial Reasons to Buy a Home
Posted on Dec 10 2013 on: KeepingCurrentMatters.com 1.) Housing is typically the one leveraged investment available. "Few households are interested in borrowing money to buy stocks and bonds and few lenders are willing to lend them the money. As a result, homeownership allows households to … [Read more...]
New Mortgage Rules – Getting Qualified and Ability to Repay
Under the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, lenders are required to make a reasonable and good faith determination based on verified and documented information that the borrower has a reasonable ability to repay a loan. The law also established a presumption of … [Read more...]
Keep Your Home Safe and Secure While Vacationing
As the holiday season approaches, many families plan vacations and trips. Maybe yours is one of them. But leaving your home vacant can open the door to problems. How can you maintain peace of mind while you travel? Here are our top tips for keeping your home safe while you’re away. Prep Your … [Read more...]
Top Reasons to Sell Your House Now
Now is a Great Time To Move Up Right now Northern Virginia is a sweet spot for sellers. If you’ve been toying with the idea of selling your home, put away those toys and get serious! Today’s market provides sellers with opportunities that may not come again in our lifetimes! Today’s Market is a … [Read more...]