Federal Housing Administration (FHA) Mortgage Insurance is a program that insures lenders against losses if borrowers default on their mortgages. The insurance allows lenders to offer loans to borrowers who may not otherwise qualify for a conventional mortgage. Starting in 2023, the FHA is changing its Mortgage Insurance Premium (MIP) structure for new home loans. […]
2023 Updates to FHA Mortgage Insurance Premiums Read More »
Are you considering buying a home or investing while interest rates are fluctuating? You might be surprised to learn that this seemingly unstable environment can offer some unique advantages. By embracing the uncertainty of fluctuating interest rates, you can unlock better deals and flexible financing options. Sometimes, navigating through the twists and turns of a
Top 5 Benefits of Buying While Rates are Fluctuating Read More »
There’s no doubt that purchasing a new home is important and choosing the right lender, community, and location – is crucial. When it comes down to getting a mortgage, you are obligated to pay for the advantage of borrowing money as well as the purchase price of your new home. It is no secret that
Mortgage Rate Buy Down Explained Read More »