home loans - Robin Myers

condominium, condominium speciaist, home loans, interest rates, mortgage interest rates, real estate

Fall Interest Rates – What to Expect

High interest rates continue to make it challenging to buy a home. Some buyers have chosen to delay their home search, holding out for mortgage rates to decline later this year. It’s highly unlikely the 3% interest rates we saw a few years ago will return in the near future, if ever. Rates crested 7% […]
buying a home, condo financing, condominium speciaist, home financing, home loans, mortgage interest rates, Robin Myers/Condo Specialist

Mortgage Interest Rate Buydowns

If you’re thinking about buying a home, the good news is mortgage interest rates continue to decline. Rates are in the low 6% range compared to over 7% a few months ago. There are ways to lower the mortgage interest rate even more with a temporary or permanent mortgage buydown, but there are pros and cons. […]
buying a home, condominium speciaist, condominiums, home financing, home loans, mortgage, selling a home, Windermere

Increased Conforming Loan Limits Will Benefit Buyers

Conforming home loan limits are tied to local home prices. Each year the Federal Housing Finance Agency (FHFA) evaluates home values nationwide and adjusts the conforming loan limits for each state and each county within each state. FHFA also establishes higher conforming loan limits for areas deemed to be “high cost areas” based on local […]