Even though the number of homes on the market has been restrained by coronavirus, demand for housing remains high. While some homebuyers may be able to delay purchasing, others are on a tight schedule and have no choice but to move forward. Plus, they may want to lock in today's low mortgage rates. If that describes you, you may be wondering … [Read more...]
Home Values Could Hit a Record High This Year
While COVID-19 has suppressed quite a bit of economic activity across the board, there are indications that the housing market remains healthy. In fact, some analysts are predicting that home values could climb during 2020. Even with coronavirus to deal with, the reality is that many homebuyers still need to move forward with their purchases and … [Read more...]
Tips for Affording Your Down Payment as a First Time Homebuyer in San Diego
For many borrowers looking to purchase their first home, one of the biggest obstacles can be making the required down payment. You may however be surprised by how affordable your down payment could be. The following suggestions will help you to buy a home now without digging too deep into your savings. 1. Choose a loan type with a low-down … [Read more...]
Obama Has Cut FHA Mortgage Insurance Premiums
Obama Has Cut FHA Mortgage Insurance Premiums President Barack Obama announced a major step taken by his administration to make mortgages more accessible and affordable to lower-income buyers. The president targeted the mortgage insurance premiums in his attempt to make homeownership more accessible to low income buyers. This reduction of the … [Read more...]
1st Time Home Buyer's Program
Are you a first time homebuyer? I love first time home buyers because I understand just how stressful the home buying process can be. Not only are you moving into a new home which is at the top of the stress charts but you’re actually purchasing something for the most money you’ve ever spent and you’re wondering how does all of this work?? I … [Read more...]