Fannie Mae has announced a major improvement for mortgage professionals: additional rental property income evaluation is now included in its Income Calculator. This change allows lenders to accurately analyze rental income or loss reported on IRS Form 8825 when reviewing business tax returns. By expanding the tool to incorporate rental property income, Fannie Mae is…

Closing costs surprise many first-time buyers. In Florida, they can run about 3%–6% of the price. Seller contributions Florida can ease that burden. With a smart offer, the seller can pay part of your closing costs. That keeps more cash in your pocket on closing day. At North Star Mortgage Network, we help buyers use…

Morgan Stanley has updated its forecast and now expects three Fed rate cuts in 2025, with the Federal Reserve lowering rates at each of its remaining meetings this year and once more in January. This change comes even as inflation data remains mixed, with consumer prices rising faster in August but core inflation showing signs…

VA finding right lender is the first step for Florida veterans who want a smooth path to homeownership. Rates change. Headlines come and go. What endures is honest guidance and a clear plan that protects your VA benefits. At North Star Mortgage Network, we earn trust by teaching the process, showing real numbers, and standing…

For many Florida residents, the dream of homeownership feels out of reach. The biggest challenge is often saving for the down payment. The good news? Down payment assistance Florida programs provide grants, forgivable loans, and other resources to help you cover upfront costs. This guide explains exactly how to apply so you can move forward…

Buying a home is a major goal for many families in Florida. But saving thousands of dollars upfront can feel impossible. Payment assistance programs Florida are designed to help. These programs give qualified buyers money or low-cost loans to cover the costs of buying a home. What Are Payment Assistance Programs in Florida? Payment assistance…

Buying a home in Florida is exciting, but saving for a large upfront cost can be overwhelming. Payment assistance programs Florida are designed to help. These programs reduce the amount of cash needed for closing and make homeownership possible sooner. What Are Payment Assistance Programs in Florida? Payment assistance programs Florida provide funds to cover…

The Fed rate cuts 2025 outlook has shifted dramatically after the latest U.S. jobs report. Markets now expect the Federal Reserve to cut rates at all three remaining meetings this year, starting in September. For homebuyers and homeowners across Florida, this development could bring new opportunities in a market that has been defined by high…

The VA grants homeless veterans 2025 program is a major step to reduce veteran homelessness nationwide. The Department of Veterans Affairs (VA) announced $818 million in new grants that will fund housing, health care, and family support for veterans in need. This initiative will help thousands of homeless veterans or those at risk of homelessness…

A credit freeze helps protect your identity by blocking access to your credit report. If you suspect fraud or identity theft, freezing your credit can stop lenders from opening new accounts in your name. What is a Credit Freeze? A credit freeze prevents creditors from checking your credit file. This blocks both fraudulent and legitimate…