As expected, the Federal Reserve raised interest rates today for the second time in three months, a move made based on steady economic growth. The increase followed last Friday’s strong jobs report, which showed 235,000 payroll gains in February, as […]
HomeServices Lending can provide you with OPEN HOUSE FLYERS that allows potential buyers to see how much the home monthly payments could be at today’s interest rates.
You should not be surprised to hear that interest rates will be on the rise, but the question has always been when? Based on the recent announcements below, it will be later this year. Federal Reserve Chair Janet Yellen […]
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today issued a final rule moving the effective date of the Know Before You Owe mortgage disclosure rule, also called the TILA-RESPA Integrated Disclosures rule, to October 3, 2015. The rule […]
Allows Tenants to report their rental payments to an Electronic Rent Payment Service which gives them the ability to build their credit history. This helps tenants get credit for managing their rental payments. Benefits to Landlord They are they Realize […]
HUD defines a first-time homebuyer as someone who has never owned a home before. An individual who has not owned a home for at least three years is also considered a first-time homebuyer. For couples, if one spouse is a […]
This will give first-time home buyers help in saving money for down payments and closing costs. Some Details are; • 3% down payment with monthly PMI premium and no upfront MI competes directly with FHA. • Mortgage Insurance is required […]
Q. I take my FHA qualified buyers from one condo building to another, only to find out much later that the building they are looking at is not on the FHA approved list. Do you have a short cut I […]
