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
Home renovation loans are an excellent solution for covering the cost of minor repairs or large-scale upgrades on your home. But which loan option is right for you depends on your situation.
Many of... » Read More of the post RENOVATION LOAN OPTIONS FOR 2023
You’ve been renting for several years now. You like the location, don’t have any maintenance to worry about, and you’re working out four days a week in the fitness
center. On the flip... » Read More of the post Renting is Sus! Here’s Why.
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
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
So Is There a Home Equity Boom On The Horizon?
As the volume of refinances fall with the rise of mortgage rates, homeowners are setting their sights on home... » Read More of the post HELOCs Are On The Rise
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?
Whether you are a Real Estate Agent or a borrower, not having the right mortgage lender could put the kibosh on your deal. If you want the right product mix, lowest
rate and... » Read More of the post Why Work With A Mortgage Team?
You may have found your dream home, but it might remain a dream without approved financing. Bank statement loans, as the name implies, use bank statements to determine your income. They are a... » Read More of the post Non-Qualified Mortgage: Bank Statements
In honor of Earth Day, consider these 10 ideas for implementing energy-efficient improvements throughout your home. Not only will these strategies benefit the environment by reducing your carbon footprint, but they will help... » Read More of the post 10 Ways to Make Your Home Energy Efficient
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
2022 VA Loan Limits have increased
The Department of Veterans Affairs (VA) increased 2022 loan limits for potential VA homebuyers across the country! This means that active and retired military service members and their... » Read More of the post 2022 VA LOAN LIMITS HAVE INCREASED
How Does a Cash Out Refinance Work?
Your home is a place of comfort and happiness – but it’s also an investment. In fact, homeownership is one of the primary ways Americans have built... » Read More of the post How Does a Cash Out Refinance Work?
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
Housing Affordability: What It Really Means
In the last few years, the housing market has experienced an extreme surge in growth. Listings have flown off the market faster than buyers can get their hands... » Read More of the post Housing Affordability: What It Really Means
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
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
Factors such as student loan debt, competitive real estate markets and low housing stock relative to demand have made many people believe that homeownership is beyond their reach. These issues can make homebuying... » Read More of the post How Can I Afford a Home? What Are My Options?
This past week was a head-scratcher as home loan rates ticked up slightly week over week despite the 10-year Note yield hitting a historic low of 0.31% and stocks enduring heavy losses. Typically,... » Read More of the post Rate Movements Explained
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
Higher loan limits have just been announced for 2018. This is great news for anyone looking to purchase a home in the coming year. It is not yet confirmed that FHA and VA... » Read More of the post Loan Limits Increased For 2018