After months and months of rate increases, the Federal Reserve may finally be seeing the results of its efforts to calm inflation. The November 14, 2023, Consumer Price Index (CPI) slowed to 3.2%. Though still above the Fed’s targeted 2%, the reading came in lower...
Hi. This is Casey Lown with Strategic Mortgage Solutions here for another mortgage moment update. Hey, so I’ve got some great news. Fannie Mae recently rolled out an initiative to offer first-time homebuyers that met a certain income threshold, a discount that...
The Federal Housing Administration (FHA) recently created new FHA student loan guidelines that will make it easier for those with student loans to qualify for a mortgage. That is to say, the policy will change how FHA mortgage lenders are required to calculate a...
It’s unfortunate how quickly things have evolved with the Coronavirus. And, how it was necessary from Oregon’s Governor to mandate particular businesses and industries to shut down to help enforce mandates that may reduce the spread of the Coronavirus....
Home loans through the Department of Veterans Affairs (VA) are one of the best benefits available to veterans. The program allows veterans to buy a house without a down payment. Purchasing a home without a down payment is something civilians only wish they could do!...
Do you know why savvy shoppers buy swimsuits on frigid winter days? They bikini shop in January for the abundant supply and reasonable prices. The same idea holds for mortgages. Let’s look at why now is the perfect time to shop for a mortgage. Late Summer is...
