Mortgage Rates – Where Do They Go Now?

After the Federal Reserve statement on Wednesday you may be wondering where will mortgage rates go from here? If you are not sure what I am talking about, check out the article on NPR about the Federal Reserve statement. So what does this mean for mortgage rates? Where they go from here, may take looking […]

How much home can I afford

When you are thinking about purchasing a home typically the first question you ask yourself is “how much home can I afford?”.  This is a great question to get you started but quite honestly, I think there is a more important question you need to be asking yourself.  “What are your expectations in the vision of […]

CFPB Press Release Regarding Kickbacks

Late yesterday afternoon the Consumer Financial Protection Bureau (CFPB) released a press release regarding Prospect Mortgage to pay $3.5 Million fine for illegal kickback Scheme.  The Real Estate Brokers and Mortgage Servicer that took kickbacks from Prospect are also ordered to pay $495,000. What is a kickback? It is a form of negotiated bribery in which […]

Conventional Loan Limits 2017

The wait is over Denver and Colorado. We have been asked numerous times in the last 30 days. It looks like conventional loan limits 2017 will be up nationwide which will show additional signs of a strengthening housing market. The national conforming loan limits for 2017 will be $424,100 (up slightly from $417,000). Drum roll […]