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Busting VA mortgage loan myths

Housing Wire

Unfortunately, too many misconceptions persist among real estate and even mortgage industry professionals about the VA home loan, and those misconceptions have big (and negative) impacts. Earlier in my life, I was directed away from using a VA loan when I purchased my first home.

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Could the assumable mortgage level the playing field?

Housing Wire

California-based Carrington Mortgage Services (CMS) sees a window of opportunity in the mortgage market. The Federal Reserve (Fed) actions that resulted in millions of borrowers receiving mortgage rates below 4% gave way to Fed actions that… triggered mortgage rates to rise above 7% in the fall of 2022.

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6 Questions to Ask Yourself Before Switching from Renting to Owning a Home

Realty Biz

Most people buy their homes with the assistance of mortgages or VA loans. Down payments can vary depending on the terms of your mortgage or loan, ranging anywhere from 5% to 20%. Do I qualify for a mortgage? Before you buy a home, you need to make sure you have enough money saved up.

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More buyers than ever before looked to relocate in July

Real Trends

Even as mortgage rates rose and the overall housing market cooled , the share of homebuyers looking to relocate hit an all-time high in July, according to an analysis from Redfin released Thursday. rose as remote work flexibility provided Americans with the freedom to move to different areas. In July, 33.7% In July, 33.7%

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Maria Casas of First Team Real Estate Helps Take Veteran from Homeless to Homeowner in 5 years

First Team Real Estate

Her steadfast work ethic is beyond reproach and [she] sets a high standard for other real estate agents to emulate.”. Born in communist Cuba, Maria never takes freedom for granted, fueling her deep respect and appreciation for the veterans who fight to protect that right. “I I have a passion for helping veterans.

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Selling a House ‘As Is’ in Florida

HomeLight

Mortgage tax: $0.35/$100 The state nonrecurring intangible tax rate is $2/$1000. Homes sold “as is” often need some work or may be cosmetically outdated. As the seller works through the form, “‘Don’t know’ is a perfectly fine answer,” says Tom. There are typically two types of as-is sellers.

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