3

Here’s how that Fed rate hike will impact you

With the Federal Reserve’s latest quarter-point (.25%) interest rate increase, the central bank officials now forecast two hikes next year, down from three rate raises previously projected.  The decision affects rates on all kinds of borrowing, from home mortgages to credit cards.  An increase to interest rates usually causes consumer interest rates to rise, but the […] …read more

4 Great Reasons to Consider Buying a Home Today Instead of Waiting

1. Prices Will Continue to Rise CoreLogic’s latest Home Price Insight report revealed that national home prices increased 5.4% year over year in October 2018 and are forecast to increase 4.8% from October 2018 to October 2019.  The bottom in home prices has come and gone. Home values will continue to appreciate, thus waiting no longer makes sense. […] …read more

Conventional Loan Limits Are Increasing For 2019!

Posted on November 28, 2018 by Ray Williams (NMLS #216267).

For immediate release: Conventional Loan Limits Denver, Colorado Conventional loan limits are increasing for 2019! Home prices continue to rise across the nation. As announced by FHFA, conventional loan limit changes go into effect Jan 1, 2019. Quick hack if you are buying in December 2018! You can lock in your rate now and even […] …read more

Physician Loans, Are They Right For You?

You may have heard about mortgages specifically for physicians (known as physician loans) and are thinking of buying a home. They are attractive, but make sure you totally understand them to decide if you should take out a physician loan. There really are three main components to understand, so let’s go through them. Important components […] …read more

What Is A Jumbo Mortgage?

Here in Denver, the question has been more and more relevant. With rising home prices, many people are faced with needing a jumbo mortgage to buy their dream home. But it is not really clear, so let’s see what we can do to explain what is a jumbo mortgage. It all starts with understanding loans […] …read more