December 2018

How to Find a Home in a Tight Market with Low Inventory

By |2019-03-24T20:40:22+00:00December 28th, 2018|Real Estate Tips|

Michigan Mortgage Lender Gives Tips on Buying a Home During Inventory Shortage For the last two years, the Michigan real estate market has been experiencing low inventory conditions which has been limiting buyers' choices. And many real estate experts and chief economists are predicting a sellers [...]

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What Can Michigan Homebuyers Expect in 2019?

By |2019-03-24T20:41:16+00:00December 21st, 2018|Real Estate News|

The 2018 housing market had it's ups and downs. We started the year with high home prices, low interest rates and low inventory. Then we saw a slight shift to favor buyers. And with so many experts warning of a housing bubble looming somewhere down [...]

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Oakland County Mortgage Lender Explains Credit Scores Among Millennials

By |2019-03-24T20:42:41+00:00December 14th, 2018|Real Estate News|

Did you know that the average credit score for Millennials is significantly lower than the "Silent Generation" – those born from 1925 to 1945? The typical Millennial has a fair credit score of just 634, according to a recent study from LendingTree, which examined 9 [...]

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Oakland County Lender Explains How Rising Mortgage Rates Aren’t Stopping Millennial Buyers

By |2019-03-24T20:43:52+00:00December 7th, 2018|Real Estate News|

Interest rates have been steadily increasing this year as we are almost approaching 5%. And most experts are expecting one more increase in 2018 and then 2 or 3 more increases in 2019.  But this is not deterring millennials from pursuing their dream of homeownership. [...]

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Conforming Loan Limits in Michigan and Most Of U.S. Will Increase in 2019

By |2019-03-24T20:44:26+00:00December 2nd, 2018|Real Estate News|

Fannie Mae and Freddie Mac are restricted by law to purchasing single-family mortgages with balances below a specific amount which is known as the conforming loan limit. The Housing and Economic Recovery Act (HERA) requires the The Federal Housing Finance Agency (FHFA) to adjust the [...]

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