Mortgage Grader

Nov
28
2020

High-balance loan limits to soar to record $822,375 in 2021
Regulator for Fannie, Freddie has raised the maximum loan limits for a fifth straight year. What a way to kick off Thanksgiving weekend. For the second year in a row, maximum mortgage limits have broken a record, officially entering the stratosphere, and heading toward the moon. The...

Nov
25
2020

Practical Tips for Feeling Gratitude During COVID
Thanksgiving is a day to focus on gratitude. However, this year has undoubtedly presented significant challenges, and you may have a difficult time conjuring up that comforting feeling of gratefulness. Use these tips to help you elevate your mood and outlook with gratitude. Give...

Nov
19
2020

Is A Second Stimulus Check Coming Your Way?
Many Americans have been eagerly awaiting news about a second economic relief package, including a second round of stimulus checks. President Donald Trump and both parties in Congress have voiced their support for another round of financial aid. As the White House and Congress continue...

Nov
19
2020

PROP 19 CREATES CONFOUNDING QUESTIONS, GOTCHA RULES
Under Proposition 19 a wave of parent-to-child property transfers are likely to be triggered before February 16, 2021. What a mess. Proposition 19, The Home Protection for Seniors, Severely Disabled, Families and Victims of Wildfire or Natural Disasters Act was so poorly written...

Nov
13
2020

Bidding wars, outdated appraisals hamstring first-time homebuyers
Eighty-two percent of first-time buyers offer less than 20% down. It’s like quicksand for most first-time buyers. Bidding competition is as fierce as ever. Larger down payments and all-cash buyers are winning those bidding wars. No-sale again and again. Talk about...

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