Buying a Home in Today’s Market: What You Need to Know
By Andy Harris, President of Vantage Mortgage Brokers
Never Feel Pressured to Use a Specific Mortgage Lender
By Andy Harris, President of Vantage Mortgage Brokers
Fannie Mae & Freddie Mac Announcement after NAR Settlement
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…
The Best Week To List Your House Is Almost Here
Are you thinking about making a move? If so, now may be the perfect time to start the process. That’s because experts say the best week to list your house is just around the corner. A recent Realtor.com study looked at housing market trends…
Vantage Mortgage Brokers’ Response to NAR settlement and support of Buyer’s Agents
In light of the NAR settlement, there is still plenty to work through on how lenders will handle this and the best ways to navigate this as a buyer’s agent. However, we wanted to give you a few resources to…
What Should I Do First: Sell My Home or Buy a New Home?
If you are moving due to a new job, relocating cities, needing a larger or smaller home, or any other reason, it can be tricky to time things just right. Should you keep your current home while you move or…
The Truth About Down Payments
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…
FHFA Announces 2024 Conforming Loan Limits
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…
Are Higher Mortgage Rates Here To Stay?
Mortgage rates have been back on the rise recently and that’s getting a lot of attention from the press. If you’ve been following the headlines, you may have even seen rates recently reached their highest level in over two decades (see graph below):
Expert Home Price Forecasts Revised Up for 2023
Toward the end of last year, there were a number of headlines saying home prices were going to fall substantially in 2023. That led to a lot of fear and questions about whether there was going to be a repeat of the…