Protect Pipes: Insulate exposed pipes to prevent freezing and bursting during cold weather. Seal Air Leaks: Check windows, doors, and outlets for gaps to save on heating costs.

Further cuts seem to be on the way – but there’s little clarity over when and by how much Federal Reserve officials have remained coy on the prospect of another interest rate reduction this month – but odds of a cut jumped after new economic data released last week showed a stabilizing labor market and…

A 100% financing mortgage allows homebuyers to purchase a home without a down payment. This mortgage helps buyers build equity faster, transitioning from renting to homeownership.

Nathan Young, president of North Star Mortgage Network, doesn’t shy away from his opinion on AI Nathan Young (pictured), president of North Star Mortgage Network Inc., stands firm on the importance of human connection amid technological advancements. Having spent 24 years in the mortgage business, Young has seen a dramatic evolution in the needs and…

Loan limits will increase in the coming calendar year to keep pace with the continued appreciation of home prices over the past year. November 26, 2024  By BUILDER Staff The Federal Housing Administration (FHA) and Federal Housing Finance Agency (FHFA) announced their new loan limits for calendar year 2025. The FHA announced its new loan limits for its…

OVERTIME INCOME AND THE DIFFERENCES WITH EACH LOAN PROGRAM Most people likely think overtime calculations are the same across the board for Fannie, Freddie, FHA, VA, and USDA. Interestingly enough they have similarities although there are some important differences between all of them. Check out the little nuances that make them unique and use them…

Reverse mortgages allow older adults to access home equity while retaining property ownership. Most reverse mortgages are Home Equity Conversion Mortgages (HECMs) insured by the Federal Housing Administration.

Mortgage rates are on an unpredictable path at present – and there’s no one-size-fits-all approach for borrowers weighing up the best decision The outlook for US mortgage rates has been nothing if not unpredictable in the second half of the year, with the 30-year fixed-rate average trending downwards during the summer before inching up in…

Experts believe the “magic mortgage rate” below 5.5% is necessary to boost home selling activity. Only 13% of homeowners would accept a rate between 6.5% and 6.99%, while 47% prefer 5.0%-5.5%.