Alternative payment reporting
Friday, 24 September 2021
A new credit coming to homebuyers who pay rent on time. Fannie Mae has announced a revolutionary new method in screening possible homeowners set to be put in place by the end of the month. Available to renters making recurring rent payments (minimum of $300/month) from their bank accounts which can be documented in the most recent 12 months.
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Rent or buy?
Friday, 03 September 2021
With a lack of home inventory many people are feeling that buying a home is an untouchable goal. Many feel that they can’t afford to put down a down payment for a house, therefore renting a home was the alternative. There are a few factors to consider when it comes to a decision of purchasing a home
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Market update – September 3, 2021
Friday, 03 September 2021
Mortgage rates have risen slightly in the past week. There’s no need to worry though; the current rate for the 30-year fixed rate is still under 3% and likely will stay that way for quite a while. The mortgage market is still concerned with COVID-19’s delta variant outbreaks as well as when Federal Reserve will
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Perfect time to refinance or purchase
Monday, 26 July 2021
New home listings are on the rise, and consequently, along with the drop in mortgage rates, buyers have been given a bit of much needed respite in the current housing market. The meager supply from the beginning of the year has eased, with more people selling their homes and slowing the rising cost of individual
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End of forbearance plan?
Wednesday, 07 July 2021
September 2021 marks the end of relief for the first wave of people who applied for the Government’s coronavirus mortgage relief program. As forbearance programs for mortgages begin to end across the country, many homeowners are reviewing their options in repaying the forbearance amount. If you are one of the 7.25 million homeowners who choose
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