The Federal Housing Finance Agency (FHFA) has released the loan limits for 2023.  With this announcement, FHFA has effectively raised the limit on how many dollars can be borrowed using Fannie Mae & Freddie Mac Conventional loan products.  The loan limits increased across the nation, with variances in the increases for “high cost areas”, and…

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Why Would You Put 20% Down?  Avoid PMI with Less!   In today’s world, PMI is considered a bad word in mortgage financing and home buying, and for good reason.  After all, PMI doesn’t protect a borrower, it protects a lender, and in markets like we’ve recently seen, most of which are appreciating at a…

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    Buying a Home for a Parent (or child)   There’s a rise in the United States of multi-generational living – that is, 2 (or more) generations living under one roof.  As homes grow in size more people are taking advantage of in-law suites, multi units, and other property alterations to comfortably accommodate more…

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Foreclosure on a Home After Bankruptcy Foreclosure and bankruptcy are  never fun things to discuss.  When it comes to a home, financial problems can turn shelter and a place filled with family memories into a source of stress and anxiety.  Although we advise people do everything within their power to avoid foreclosure, there is light…

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