There was BIG NEWS today in the mortgage world. Freddie Mac and Fannie Mae announced that they were granted permission from the Federal Housing and Finance agency to charge an “ADVERSE MARKET FEE” of .50% on all refinance loans. This fee which the lenders are saying is to address risk management because of the current […]
Posts Tagged ‘lending’
A Little Patience for the Big Home Market
This week I want to chat about big homes. Yes, the big boys…the 4000+ square foot homes that in many markets can often take longer to sell because of their size. After COVID became a reality in March many buyers realized that they wanted to move into a bigger home. A home that they could […]
Ask Denise: Taking Control of Your Investing
Q: “Denise, I am sick of not having control over my money in the stock market and am interested in learning more about different ways to invest in real estate. Is your upcoming Building Wealth Through Real Estate Investments class a good place to get started or is that more for people with a lot […]
Stop Asking Me if we are in a Housing Bubble!
When home prices are skyrocketing to new record highs it is natural to wonder if what goes up will be coming down. The question I get asked all the time is when will this happen, are we in a housing bubble, and when will it burst. I want to assure you that our market is […]