The Federal Housing Finance Agency announced late last month that conforming loan limits will jump in 2020, hitting just over $510,000. That’s up nearly $100K in the last four years. What’s more? The Department of Veterans Affairs is eliminating limits all together on its VA loans. Of course, this is good news for up-and-coming [...]
Did you have a hard time staying on top of the news last month? We’ve got you covered. Check out the top real estate and housing news from November 2018 — all bite-sized and fluff-free. Home prices stalled out. Once again, home price growth slowed down this month, this time hitting its slowest growth [...]
Didn’t have time to stay up to date on the real estate and mortgage news last month? We’ve got you covered. We’ve rounded up the top housing market headlines from October. Are you thinking of buying or selling a home in the near future? Catch up on the latest news now. Mortgage rates dropped. [...]
If you haven’t had time to keep up with real estate headlines lately, then you’re missing out. September proved to be a pretty good month for the industry. Homeowners gained more equity, home price growth slowed down, and housing’s inventory problem might have just turned around. Take a minute to catch up on all you [...]
On December 20, 2017, the final version of a $1.5 trillion tax reform bill was passed in our nation’s capital. There have been countless stories published, along with many differing opinions as to whether this bill—which has now been signed into law by President Trump—is a “good” thing or a “bad” thing. As a company [...]
Over the past five years, housing prices in the U.S. have been rising about twice as fast as the historical average—mostly due to low inventory. So, it’s only natural that many (but not all) of the 2018 VA home loan limits and FHA loan limits are also higher than last year. The new rates—effective January [...]
Fast Facts About the Housing Market for September 2017
According to the National Mortgage News; Lenders refinanced over 1 million borrowers with high LTV loans via the HARP program in 2012 and they could do the same in 2013 and 2014, according to MBS strategists at Bank of America Merrill Lynch.
The readers of the Lynchburg, Virginia paper News and Advance made their voices heard voting Embrace Home Loans’ Lynchburg office the “Best Mortgage Company in the Lynchburg Area.” Branch Manager, Billy Woolridge was thrilled.