Baseline Conforming Loan Limit Will Increase to $647,200 FOR IMMEDIATE RELEASE11/30/2021 Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the conforming loan..
Federal Reserve cuts rates to zero and launches massive $700 billion quantitative easing program
The Federal Reserve, saying “the coronavirus outbreak has harmed communities and disrupted economic activity in many countries, including the United States,” cut interest rates..
Negative Equity Falls to Pre-Recession Levels Thanks to Home Price Gains
Homeowner equity jumped again in the fourth quarter of last year. CoreLogic’s report said it found that, among homeowners with mortgages, about 63 percent..
COVID-19 Beginning To Affect Real Estate, But It’s Not All Bad News
Home sellers and potential buyers appear to be having a variety of reactions to the turmoil surrounding the COVID-19 virus with some even viewing it..
Buying or Selling a Home? Here’s What You Need To Know About the Competition
Knowledge is power. And if you’re planning to battle hordes of other buyers to get a home or put your own house on the..
Renters Mistakenly Believe They’re Paying Less Than Owners
Renters questions in a new Freddie Mac survey expressed a rather unfortunate misconception. In its new Profile of Today’s Renter and Owner, the company said it..
VA Removes Loans Limits, Increases Fees
U.S. military veterans and active duty personnel who buy or refinance a home in 2020 will have more buying power if they use a..
FHA 2020 Loan Limits Set
Federal Housing Administration (FHA) Commissioner Brian D. Montgomery has announced the loan limits for FHA forward mortgages in 2020. The limits are based on..
Conforming Loan Limit Increased to $510,400
The conforming loan limit for most of the U.S. will, quite predictably, move higher on January 1. The Federal Housing Finance Agency announced on..
Backyard bungalows are becoming big business for homeowners and builders
KEY POINTS Second homes, formally called accessory dwelling units (ADUs), are cropping up in back and side yards across America, acting as either rental..
