Buying a home 2018

U.S. long-term mortgage rates fell this week. It was actually the seventh decline in the past nine weeks for the key 30-year, fixed-rate loan, which reached its lowest level since November 2016.   Mortgage Rates Fall – 30-Year at 3.73%   U.S. long-term mortgage rates fell this ... » Learn More about Mortgage Rates Fall – 30-Year at 3.73%

Pres. Trump signed a bill Tuesday that, among other things, expands VA loans for veterans. VA loans have helped increase the veteran ownership rate to 75%.   Law Eliminates Cap Limits on VA Loans   The National Association of Realtors (NAR) commended Congressional and White ... » Learn More about Law Eliminates Cap Limits on VA Loans

The mortgage giant Freddie MAC unveiled an opportunity for current homeowners or fixer-upper buyers enabling them to roll the expense of remodeling and repairs into a single mortgage. Remodeling Loan for Fixer-Upper Buyers   As homes age, more homeowners would like to remodel to spruce ... » Learn More about Remodeling Loan for Fixer-Upper Buyers

Jerome Powell has tantalized the financial world with the prospect that the Federal Reserve he leads may soon cut rates of interest for the first time in more than a decade. Fed likely to leave rates alone but signal readiness to cut   Probably not quite yet, though. When the Fed ... » Learn More about Fed likely to leave rates alone

Aims to limit mortgage insurance premiums for FHA borrowers. The House Financial Services Committee passed a bill Wednesday that will limit mortgage insurance payments on loans backed by the Federal Housing Administration.   FHA loans more affordable   The bill - H.R. 3141, ... » Learn More about FHA loans more affordable