On December 14, 2014, legislation was passed to allow for tax deductibility of mortgage insurance (MI) premiums for qualified borrowers, once again. The deductibility is effective for purchase and refinance transactions closed after December 31, 20
Jan 23, 2015 |
Over the past couple of years, the MIP (mortgage insurance premium) rates on FHA loans have increased, which raised monthly mortgage payments. The increase kept some homebuyers out of the market. On January 26, FHA will reduce its MIP ra
Jan 16, 2015 |
"Roughly 42 percent of millennials say they want to buy a home in the next one to five years…As this generation matures, they will become a home-buying force to be reckoned with." – Dr. Stan Humphries, Zillow chief economist W
Jan 09, 2015 |
Every time I receive the value of a property from the appraiser, I hold my breath. The result determines not only the value of the loan but also if the home has any issues/needs repairs before closing. Basically, the appraisal is a big deal. For more, r
Dec 19, 2014 |
Shikma Rubin, a licensed mortgage consultant at Tidewater Home Funding, has been selected as an officer for the 2015 Hampton Roads Corporate Volunteer Council (HRCVC). The HRCVC is a coalition of local businesses that promotes corporate social respo
Dec 18, 2014 |
The holiday season is here and that means it's time to party! As the real estate expert in your circle, people will come up to you at a gathering and pick your brain about the market. So keep this mortgage information handy. 3 Ways to Loo
Dec 12, 2014 |
Reach out to our team of local mortgage specialists and take the initial step towards homeownership. Our team is ready to assist you throughout the process, offering you the necessary information and guidance to help you make informed decisions for your unique needs. Don't delay any longer - apply today to begin.