Walter Whitehurst Buying a New Home? Learn How the ‘Conforming Loan Limit’ Might Affect Your Purchase From mortgage to equity to debt-to-income ratio, there are many terms associated with home ownership that can be quite confusing if you’ve never been on the market for a home before. ‘Conforming loan limit’ may be a less familiar […]
Walter WhitehurstNew Home Construction Seen As A Possible Solution To Pent Up Demand For Homes Builder confidence in markets for new homes fell three points in February to a reading of 58. January’s reading was revised upward to 61. Builders have repeatedly expressed concerns shortages of labor and lots for development, but continue to express […]
Walter Whitehurst What’s Ahead For Mortgage Rates This Week – February 16, 2016 Last week’s economic events included weekly releases on new jobless claims, mortgage rates and testimony by Fed Chair Janet Yellen concerning the Federal Reserve’s monetary policy. Here are the details: Mortgage Rates, New Jobless Claims Drop Freddie Mac reported that average mortgage […]
There are many benefits to owning a home: A home is an investment that can earn equity, is often cheaper to buy than to rent, and is your own place that you can fill with wonderful memories. But another great benefit about owning a home is the financial benefits that you can take advantage of during tax season. Major Tax Breaks for Homeowners […]
Walter Whitehurst Spring is Almost Here: Planning a Massive Spring Cleaning in Just 4 Easy Steps It may seem like the holiday season has just passed, but it won’t be too long before the flowers begin to bloom and spring peeks out from around the corner. While the tradition of spring cleaning that comes with […]
Walter Whitehurst 3 Reasons You Might Decide to Retire to a Tiny Home – and Why You’ll Love It! Many people romanticize the idea of paying off their home mortgage early so they can enjoy their home in retirement, but when it comes to the later years of life, a big house can actually be […]
Walter Whitehurst Everything You Need to Know About Fannie Mae’s New Home Ready Mortgage Traditionally, getting a mortgage requires you to have a level of income appropriate to the size of home that you’re buying. But for a lot of low-income and minority borrowers, especially first time buyers, a simple measure of one person’s income […]
Walter Whitehurst Feeling Squeezed by Higher Rents? It Might Be Time to Consider Buying Your First Home With the cost of rent going up across the board and becoming even less affordable in metropolitan centers, it’s never been a better time to seriously consider home ownership. While the price of a home and all the […]
Walter Whitehurst What’s Ahead For Mortgage Rates This Week – Feburary 8, 2016 Last week’s scheduled economic news included reports on construction spending and several labor-related reports along with weekly reports on mortgage rates and new jobless claims. The details: Construction Spending Higher in December U.S. construction spending rose by 0.10 percent in December for […]
Walter Whitehurst Thinking About Selling in the Spring? You Should Be Renovating Now. Here’s Why The cooler months of winter might seem like the perfect time to hibernate into the house, but it’s actually a great time to consider ramping up your home for improvements. If you’re thinking of selling come the spring, here’s why […]