Read the latest blog posts from our mortgage experts, get the latest updates about the industry, tips and tricks for making your purchasing experience easy, and more!
Ready for your first home? You’ve TikTok’d every #firsthouse post and are ready to make it your reality. Before you start planning your epic housewarming bash, there are a few things you need... » Read More of the post Mortgage Goals
We’re still in the first quarter of the new year, but I wanted to share some housing data that I think can be useful in housing market predictions in 2023. Mainly, I want... » Read More of the post Housing Price Thoughts for 2023
At Homebridge, our vision is to make the dream of homeownership a reality for every customer, every day. One way we live that vision is by providing greater access to homebuyer education. By... » Read More of the post The Mission of Changing Homeownership
If you’re in the market to purchase a home and concerned that rising interest rates could price you out of the home you’re looking at, then this article is for you. First, you... » Read More of the post Why Rate Isn’t Everything
No Crash Zone. A Current Outlook on the Housing Market.
By: Michael Pennington
Are you concerned that the housing market will crash like it did in 2008? That the cost of homes has skyrocketed so... » Read More of the post Why the Market Won’t Crash
FHA loans offer a 3.5% down payment requirement as well as lenient Debt-to-Income ratios (DTI) and credit requirements. They are ideal for low-to-moderate income earners, and people buying a home with less-than-perfect credit.
Backed... » Read More of the post FHA Loans: What Are The Benefits And Features
Why Interest Rates Increase To Combat High Inflation
Inflation rates are at a forty year high and consumers across the country are feeling the impact. From the higher cost of gas to higher prices... » Read More of the post The Fed Increase: For Better Or Worse?
Current mortgage interest rates are always a hot topic for homebuyers or those who are curious about the affordability of homeownership. Knowing the general market rate can be helpful when budgeting for an... » Read More of the post What Determines Your Mortgage Interest Rate?
USING GIFT FUNDS TO BUY A HOME
For many homebuyers, gift funds are a needed boost to help them cover the necessary down payment on their dream home. Although it’s common practice to receive... » Read More of the post USING GIFT FUNDS TO BUY A HOME
JANUARY 2022
New Conforming Loan Limits
The Federal Housing Finance Agency (FHFA) recently announced 2022 conforming loan limits for Fannie Mae (FNMA) and Freddie Mac (FHLMC) loans. Limits increased for single-family homes from $548,250 to... » Read More of the post New Conforming Loan Limits – The Duvall Group
Becoming a homeowner may be one of the most rewarding experiences you'll ever have. But before you start picking out a living room set, you'll want to take a step back and start... » Read More of the post 5 Tips For Getting a Home Loan
Making the move from living with others to renting your own home is the first step many of us take in establishing our independence. As time goes on, however, you may begin to... » Read More of the post 5 Reasons to Buy A Home
Buying your first home is an exciting process. But as one of the most significant purchases you'll ever make, it can also be a little intimidating. To ensure a fun and straightforward experience,... » Read More of the post 5 Actions to Avoid Before Homebuying
Buying a home can seem overwhelming. As possibly the largest purchase you’ll ever make, you may even convince yourself that homeownership is financially beyond your reach. However, there are several factors you can... » Read More of the post 5 Factors That Make Buying a Home More Affordable
The current turbulent economic and social environment has changed how many Americans spend their time and money; that’s a fact. However, this doesn’t mean you can’t have the home you’ve always wanted. Whether... » Read More of the post Four Ways to Capitalize on Homebuying During 2020
After a lot of thought, you’ve decided to buy a home. Great decision! Mortgage interest rates are at a record low. This makes it a perfect time to buy a home.
Before you meet... » Read More of the post How to Prepare for Buying a New Home
Bonds love bad news, uncertainty and fear, which are causing rates to move lower.
This past week, the escalation of the coronavirus fears caused enough anxiety to push rates down to the lowest levels... » Read More of the post Lowest. Rates. Ever.
Buying your first home is the biggest and arguably the most important purchase you will ever make. Preparing for that transition will require you to look at your finances in a different way.... » Read More of the post How to Financially Prepare for Homebuying
Chapman Lending Team at HomeBridge Financial
The Federal Housing Finance Agency announced Tuesday that it is raising the conforming loan limits for Fannie Mae and Freddie Mac to more than $510,000.
In most of the U.S., the 2020 maximum conforming... » Read More of the post Fannie Mae, Freddie Mac loan limit increases to $510,400
Spring is the peak home buying season for many parts of the country. After years of softer home sale activity — thanks to low housing inventory, affordability issues, and more — this Spring... » Read More of the post 10 Reasons for Housing to Celebrate