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Mortgage & Market Updates

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

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

Deep Dive into DSCR

Deep Dive into DSCR

Click here to watch on YouTube Product Highlight of the month - “DSCR” We’ve heard this phrase quite a bit over the past several years so I wanted to take a deep dive into how the product works and realistically what you as the realtor c

Feb 23, 2024 | Financial Markets Southern Nevada Real Estate Data Mortgage Market Review Interest Rates Mortgage Rates

Going Down

Going Down

Conventional loan limit for 2024 has increased to $766,550 A buyer can put as little as 3% down on a sales price up to $790,000 (if they are a first-time home buyer) A buyer can put as little as 5% down on a sales price up to $807,000. A buyer can put a

Nov 30, 2023 | Financial Markets Southern Nevada Real Estate Data Mortgage Market Review Down Payment Assistance Interest Rates Mortgage Rates

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