Happy Thanksgiving!
Have a special Thanksgiving holiday with your friends and families! The bond market is closed today and tomorrow it will close early. Most lenders will be closed until Monday, so interest rates will not be issued until then. I appreciate your loyalty and readership...Purchasing a Home with a “Bonus Room”
I’m seeing some listings that tout a “bonus room,” suggesting that you get an extra room included in the purchase price. What you need to know is that this is another way of saying that the addition (or conversion) was unpermitted, meaning that the...Fannie Mae Refi Plus/Making Home Affordable: LTV limit is increasing!
The Making Home Affordable program will be increasing the maximum allowed Loan-to-Value ratio from 105% to 125% soon. I will keep you updated when this occurs, but this is will help give more homeowners the opportunity to refinance. The program does have stipulations,...Loan Calculator
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