rates

FHA Announces 2024 Loan Limits

The Federal Housing Administration (FHA) announced new 2024 loan limits for the upcoming calendar year. The 2024 limit is $498,257 for one-unit properties in low-cost areas (increased from $472,030 in 2023). The new loan limits are effective for ...
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New 2024 Conforming Loan Limits

The Federal Housing Finance Agency (FHFA) released the new 2024 conforming loan limits for conventional and VA loans* effective November 29, 2024. The 2024 limit is $766,550 for VA and one-unit conventional loans (increased from $726,200 in 2023). ...
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Mortgage Rates – A Historical Perspective

We’ve been getting a lot of questions about rates and where they’re going It’s a good time to reflect on where rates have been historically…not recently. A couple of weeks ago, we talked about the changing housing market ...
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The Changing Housing Market & Economy

It’s an interesting time to be in the real estate & finance business. You know, “interesting” as the word you use to be polite. Wink, wink.  Where the market is today in relation to housing supply and demand, ...
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Selling Your Home – Secrets are a No-Go

Nobody likes secrets, especially when it comes to the sale of a house. We’ve laid out a quick guide to help sellers know what they need to disclose. Material Fact material (noun) 5. a group of ideas, facts, ...
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Not All Rates Are Created Equal

The rise of interest rates this year ushered in more and more loan options, news articles and conversations about where rates stand and where they are going. It’s easy to read or hear something with a number like ...
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