Author Archives: Reggie Gomez

Buying a House?

Buying A House? Look For These 10 Things by Molly Grace September 3, 2019 Home Buying/Selling Home BuyingHouse Hunting Shopping for a new home can be overwhelming. With such an expensive purchase and long-term commitment, you want to be certain you’re going to … Read More

How to Revamp Properties

How To Revamp Properties That Just Aren’t Selling by Cathie Ericson November 14, 2019 Industry Insider Real Estate Agents Stuck with a “stale donut,” as in a house that has been on the market with little traction? “While it might look … Read More

Condo Vs. Townhouse

Condo Vs. Townhouse: Which Housing Option Is Right For You? by Rachel Burris October 31, 2019 Home Buying/Selling Condo HouseHome BuyingTownhomes If you’re in the market for a new home, there are a lot of considerations that must be weighedbefore pulling the … Read More

October 2019 mortgage rates forecast (FHA, VA, USDA, Conventional)

Mortgage rates forecast for October 2019 Mortgage rates seemed to be on a never-ending path downward, that is, until September. After hitting a 3-year low of 3.49%, the 30-year fixed average jumped to 3.73% on September 19 according to Freddie … Read More

Way more than renting…

Happy homeowners Homeownership equals happiness — at least that’s what a recent survey revealed. In fact, according to a new poll, 93 percent of homeowners say having a house makes them happier than renting did. And nearly as many? They … Read More

Wondering how to factor existing student debt into your clients’ DTI ratios?

Caliber Home Loans, Inc. created this handy checklist, so you can skip study hall. FHA:Greater of 1% of balance, monthly payment per the credit report or fully amortized documented payment. Fannie Mae:Lender must include a monthly payment in the borrower’s … Read More

Home purchases increase in 33%

WASHINGTON, D.C. (September 17, 2019) – The Mortgage Bankers Association (MBA) Builder Application Survey (BAS) data for August 2019 shows mortgage applications for new home purchases increased 33 percent compared to a year ago. Compared to July 2019, applications decreased … Read More

U.S. new-home sales surge in August on low mortgage rates

Sales of new homes jumped 7.1% in August to an annualized rate of 713,000, getting close to June’s 12-year high, according to the Census Bureau and the Department of Housing and Urban Development. The surge in new-home sales, which are … Read More

Study: Most first-time homebuyers feel overwhelmed and underprepared

Although homebuying is a sign of independence and a big step in many people’s lives, a new report from Framework shows that homebuyers wish they were better educated about the process before embarking on their real estate journey. The study … Read More