Doom & Gloom Media strikes again!! Will higher rates really ‘roil’ the housing market? NO. Here are 4 reasons why

Looking for a dark cloud?  Is your silver lining getting too….silver?  Well, you’re in luck!  Look no further, the D & G Media brothers await!  They’re always together, lurking behind those golden rays of sun, hiding behind that small blue-sky-day cloud, ready to suck the last bit of hope and positivity out you. Headlines read […]

Read More Doom & Gloom Media strikes again!! Will higher rates really ‘roil’ the housing market? NO. Here are 4 reasons why

Zestimate Losing its Zest? (again)

From my friend Craig Barton out of Fresno, CA – In case you haven’t heard already, a woman in Glenview, Illinois has filed a lawsuit against Zillow claiming that her Zestimate repeatedly undervalued her house and created a “tremendous roadblock” to its sale. The lawsuit was filed in Cook County Circuit Court by real estate […]

Read More Zestimate Losing its Zest? (again)

FHA Cuts Annual MIP!

FHA announced this morning that it is lowering the annual premium 25 bps.  It is effective for loans with a closing or disbursement date on or after January 27th, 2017.  By making the change effective for loans closed instead of case numbers assigned, it eliminates a lot of the confusion caused in 2015 when premiums […]

Read More FHA Cuts Annual MIP!

FHA to Increase Loan Limits 2017!

FHA published the 2017 mortgage limits this afternoon.  They follow the limits outlined in the FHFA announcement last week. The new FHA limits apply to case numbers assigned on or after January 1st, 2017. The new single-family “floor” is $275,665 and the new maximum loan amount in high cost areas is $636,150. For the Dallas-Fort Worth […]

Read More FHA to Increase Loan Limits 2017!