2020 Message From MWF President
Happy New Year to all of our Real Estate Professional partners. We were so blessed to have a very active and positive 2019 market. Many economists predict smooth sailing ahead but there is some turbulence to look out for. With the political unrest that has been looming and this...
Saving For A Downpayment: Where To Keep Your Nest Egg
Saving for a downpayment is one of the first steps to buying a home --apart from getting pre-qualified for a mortgage. Starting your savings also requires quite a bit of commitment. It takes discipline to forgo that weekend getaway with friends or reduce everyday purchases like your usual...
What Are Mortgage Points and Are They Worth It?
Mortgage points, sometimes called discount points, are fees that you pay in exchange for a lower interest rate. The common reason that people "buy down the rate" is that the lower interest rate may lower their monthly mortgage payment.
Calculating the cost of a point is fairly simple. One...
Is It The Right Time To Get a Home Loan? Find Out Now!
The question of when it’s the right time to buy a home has been asked by countless. And the answer to that largely depends on what one means by “the right time.”
When is it the right time to buy according to the market? When is it the right time to buy according to your...
Loan Limits Have Increased!
If you've recently purchased a home, now is a great time to consider a mortgage refinance. The new 2020 loan limits for Conventional and FHA mortgages have been announced and they've increased by over $26,000 and over $39,000 in a high balance areas.Conventional & FHA LoansFrom...