January 2020

Mortgage Lender in Southeast MI Says Millennial First-Time Buyers are Overwhelmed

By |2020-01-31T19:56:29-04:00January 31st, 2020|Real Estate News|

First-time millennial home buyers are optimistic about the housing market. In fact, 68% believe it that 2020 is a good time to buy a home. However, many first-time buyers are overwhelmed by the mortgage process or feel challenged by affordability. Or, those who are searching [...]

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Mortgage Lender in Oakland County Explains New Loan Limits for 2020

By |2020-01-13T20:32:35-04:00January 13th, 2020|Home Loans|

On January 1st 2020, the Federal Housing Finance Agency (FHFA) increased conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac. The new limit for single-family homes will be $510,400, which is more than 5 percent of an increase from $484,350. The FHA [...]

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