Student loan debt is one of the biggest reasons millennials struggle to buy homes. However 2015 is expected to be a big year for student loan reform. Right now, the federal Pay As You Earn program allows newer borrowers to cap monthly student debt paymen
Jan 30, 2015 |
We are paying off revolving debt (credit cards). We still have more we want to pay, but we are not sure if we should close them or not. What should we do? If you are looking at a situation where you need to pay off the debt to qua
Jan 30, 2015 |
We are interested in purchasing a home. Our current home is for sale and is under contract. Closing is scheduled on our new home before the closing of our existing home. How does this affect buying the new house? You wo
Jan 23, 2015 |
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 |
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.