By Andy Harris, President of Vantage Mortgage Brokers When shopping for a mortgage, you may come across options to lower your interest rate either permanently or temporarily. These options, known as permanent discount points and temporary buydowns, can help reduce your monthly mortgage…
Buying your first home is a major milestone, but saving for a down payment can feel overwhelming—especially with rising home prices and living costs. The good news? You don’t have to live on ramen noodles or work three jobs to…
By Andy Harris, President of Vantage Mortgage Brokers Buying a home is one of the biggest financial decisions you’ll make in your lifetime. If you’re fortunate enough to have saved more than the minimum down payment required, you might find…
By Andy Harris, President of Vantage Mortgage Brokers
By Andy Harris, President of Vantage Mortgage Brokers
By Andy Harris, President of Vantage Mortgage Brokers It’s no secret that housing payments have reached record levels in recent years. There are a combination of factors that have driven up mortgage payments specifically: High Mortgage Rates: Mortgage rates in…
Fannie Mae & Freddie Mac have made an announcement clarifying some key details after the recent NAR settlement. Key highlights of the announcement: Seller Concessions: They clarified that property sellers can still offer to cover buyer’s agents fees, though these…
If you’re planning to buy your first home, saving up for all the costs involved can feel daunting, especially when it comes to the down payment. That might be because you’ve heard you need to save 20% of the home’s price to put…
Are you feeling a bit unsure about what’s really happening with mortgage rates? That might be because you’ve heard someone say they’re coming down. But then you read somewhere else that they’re up again. And that may leave you scratching your…
The Federal Housing Finance Agency (FHFA) just announced the 2024 Conforming Loan Limits for Residential Mortgage Loans acquired by Fannie Mae and Freddie Mac. As was expected based on the continuing increase in housing prices, the limits increased significantly. To…