FHA is a government agency and the largest insurer of low down payment home mortgage loans. There are four additional government agencies which insure low to no down payment mortgages. – The VA, or also referred to as The Department of Veterans Affairs – […]
If it’s been a few years since you purchased or refinanced a home, you may not realize that it’s taking much longer to close on a mortgage loan these days. According to Ellie Mae, the leading provider of on-demand loan origination software and services, the
Yes, mortgage rates are still very attractive as 2015 is coming to a close. Mortgage rates as I have written here over the past year have defied the predictions of most “experts” including my own at times. According to Freddie Mac’s Primary Mortgage Market
The “Know Before You Owe” rule went into effect on October 3. This new rule was championed by the Consumer Financial Protection Bureau (CFPB) and requires specific timeframes for consumers to receive and review their Loan Estimate and Closing Disclosures. The new home loan
According to Rasmussen Reports, a media company specializing in public opinion polls, a recent survey of 1,000 showed that Americans are more convinced that their local housing marketing is good for sellers. How confident should home sellers in the Dallas-Fort Worth be feeling? Median
Are you considering renovating your kitchen? Well, according to Zillow Talk: The New Rules of Real Estate, “Kitchen renovations, at any level, offer among the lowest return on investment of home improvements studied.” Yes, you read that correctly. For a mid-range kitchen remodel, the
I’m sure you heard your parents embellish something about their childhood, like how many miles they had to walk to school. If you were like me, you rolled your eyes, nodded and smiled. Well, soon we will tell our kids how we used to
Housing demand We are experiencing the hottest housing market ever in North Texas. That is good news for home sellers. High demand and low supply have contributed to a steady rise in sale prices over the last five years. The name of the game
As we enter the last quarter of the year, 2015 will be remembered as the hottest housing market ever in North Texas. Single-family residential properties are continuing to sell at record levels. In Dallas County alone there were 2,048 houses sold in July which
Dallas-Fort Worth Area Property Values on the Rise Read More »
It’s been said that Texas is the last to feel an economic recession but the first to recover. While we have strong economic growth, the housing market still bears scars from our previous hard times. In 2007, the homeownership rate in Texas was 66