Blog

Mar
01
2023

How to Profit from Buying a Home Now Despite Rising Rates
Mortgage rates have steadily risen over the last few weeks, leading many potential homebuyers to pause their search. While it is understandable to be concerned about higher rates, this could actually be an opportunity to buy the home you’ve been searching for. Fewer buyers in the...

Feb
27
2023

FHA’s lower mortgage insurance fees could save borrowers $1,500 annually
White House estimates 850,000 FHA borrowers will save an average of $800 per year in 2023. By JEFF LAZERSON | jlazerson@mortgagegrader.com | MortgageGrader.com | February 27, 2023 Article originally posted in Orange County Register on February 23, 2023. Thinking about buying a home...

Feb
22
2023

Homebuying Help: How Downpayment Assistance Programs Work
If lack of downpayment or funds for closing costs are the main hurdle to buying a home, a state or local downpayment assistance program may be the answer! Most states, counties, and cities offer assistance in the form of grants or no-interest loans to help home shoppers pay for these costs...

Feb
20
2023

Want to buy a house – in a year? Here’s your financial checklist
The current market makes the Great Recession sales daysseem like a stampede. By JEFF LAZERSON | jlazerson@mortgagegrader.com | MortgageGrader.com | February 20, 2023 Article originally posted in Orange County Register on February 16, 2023. “Tanking” perfectly...

Feb
15
2023

What's the Max Debt-to-Income (DTI) Ratio for a Mortgage?
Debt-to-income (DTI) ratio determines what mortgage you’re eligible for. So before getting pre-approved, your mortgage advisor will review your income and debts to help you understand where you currently stand. In this article, we’re going to look at what a...

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