Things are really changing and the landscape is ever shifting in the financial minefields that potential homeowners are navigating.  However there are many new and positive developments appearing on the horizon lately, not the least of which is a new loan program for those with challenged credit FICO scores between 500-600.  Our amazing in house team at Samuel Scott Financial Group continues to lead the way in helping folks reach solutions to these issues, and successfully buy homes.  Read the...continue reading...

Another great article from our financial guru's at Samuel Scott Financial Group.  They are always on the cutting edge of home financing and continually update us on ways to help our buyers get the best home loans or make terrific investments.  This one may surprise you... it did me but after checking this out this is an amazing opportunity!  We have lots of data and info on SSFG on this website;  just go to the "Hot Loans" tab and it...continue reading...

Two days ago, Congress restored the loan limits for the Federal Housing Administration (FHA) for two years.  As you know, in late September the FHA, Fannie Mae; and Freddie Mac loan limits were reduced in 42 states pricing potential home buyers out of the American Dream of home ownership and holding back the housing recovery. NAR immediately went to work with the goal to get the loan limits restored in Congress. For weeks that goal seemed unlikely. They finally listened. Because we were...continue reading...

You may want to stop waiting and start moving on the purchase your new home or refinance of your existing home; the average rate on the 30-year fixed mortgage rose sharply this week after falling below 4 percent for the first time in history. Freddie Mac said Thursday that the rate on the 30-year fixed loan rose to 4.12 percent. That’s up from 3.94 percent last week, the lowest rate ever, according to the National Bureau of Economic Research. The average...continue reading...