The real estate market continues to bloom this spring. 2016 was a record setting year for the housing market in Wisconsin and the pace of sales are continuing to increase, even as prices rise, according to the January existing home Market Report by the Wisconsin Realtors® Association. According to the National Association of Realtors, homes … Continue reading HOME SALES HIT SPRING RECORD
FHA and VA Increase Loan Limits for 2017
Inlanta Pewaukee FHA and VA increase loan limits for 2017 Last week, we announced the news that the FHFA increased conforming loan limits. As a result, the Federal Housing Administration (FHA) and Department of Veteran Affairs (VA) have also increased the limits for FHA loans and VA loans, respectively. FHA loan limits have increased from … Continue reading FHA and VA Increase Loan Limits for 2017
New HomeReady™ Mortgage Loan Program
Built for today’s first time home buyers and available for those who have already owned a home, Fannie Mae has replaced the MyCommunityMortgage® with the HomeReady™ Mortgage loan program. Below are some highlights of the new program: Extended households may help you qualify If your household includes members who won’t be included on the mortgage-such … Continue reading New HomeReady™ Mortgage Loan Program
The Sky Didn’t Fall!
We are officially past the six week mark since the inescapable TRID rule came storming into the real estate & mortgage industry promising to wreak havoc on all lenders and create a serious real estate TRID-pocalypse. Well, it’s been six weeks since the new closing rules became effective and despite a few hiccups here & … Continue reading The Sky Didn’t Fall!
The Sky is Not Falling!
I’m sure you’ve heard by now that beginning October 3rd, the TILA RESPA Integrated Disclosure rule otherwise known as TRID will go into effect. That being said, we wanted to take this time to tell you that we’re here for you- the sky is not falling! Here are a few important things we want you … Continue reading The Sky is Not Falling!