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Mortgage & Market Updates

Down the Stretch They Come!

Down the Stretch They Come!

Program Update:   Fannie Mae and Freddie Mac announced that its official loan amount for 2025 is $806,500.  HUD announced FHA’s new loan limit for 2025 is $524,225.  This could be slightly higher for Clark County NV.  Financi

Dec 30, 2024 | Financial Markets Southern Nevada Real Estate Data Mortgage Refinances Interest Rates Mortgage Rates

Happy Thanksgiving!

Happy Thanksgiving!

Happy Thanksgiving to you all and I hope you get to enjoy some time off with your loved ones! Program Update: Fannie Mae and Freddie Mac announced its official loan amount for the year of 2025 which will be $806,500.  HUD announced FHA’s new

Nov 27, 2024 | Financial Markets Southern Nevada Real Estate Data Mortgage Market Review Interest Rates Mortgage Refinances Mortgage Rates

Rates Fail to Fall in Fall

Rates Fail to Fall in Fall

Financial Markets- Bonds (Mortgage Rates) Not so easy come, easy go.  Mortgage rates steadily went higher as the bond market eroded over the past 45 days.  The 10 year US Treasury fell 7/10ths of a percent in 45 days and gave back all of the ga

Oct 25, 2024 | Financial Markets Southern Nevada Real Estate Data Mortgage Market Review Mortgage Refinances Interest Rates Mortgage Rates Mortgage Market Reviews

Less Labor Leads to Lower Rates

Less Labor Leads to Lower Rates

Product Highlight of the Month Construction to perm, One-Time Close for Conventional, FHA and VA.  An alternative solution to the affordability issues home buyers are currently challenged with.  This program can be used for: 1-2 unit site-built

Aug 30, 2024 |

To Wait or Not To Wait-that is the question

To Wait or Not To Wait-that is the question

Click here for Video   Product Highlight of the Month- Cardinal Elite Down Payment Assistance   This may be one of the most impactful down payment assistance programs I’ve seen released in quite some time and it’s a proprietary down

Jun 28, 2024 | Financial Markets Southern Nevada Real Estate Data Mortgage Market Review Down Payment Assistance Mortgage Refinances Interest Rates Mortgage Rates

5% Down for the WIN

5% Down for the WIN

Click here for Video Product Highlight of the Month- Cardinal Elite Down Payment Assistance This may be one of the most impactful down payment assistance programs I’ve seen released in quite some time and it’s a proprietary down payment assist

Apr 26, 2024 | Financial Markets Southern Nevada Real Estate Data Mortgage Market Review Interest Rates Mortgage Rates

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