Good Morning!
If you are in the market for a house right now we are in a bit of an unusual time in the Mortgage world.
Traditionally, FHA loans beat all other loans on pricing (particularly for low down loan options).
However, this isn’t the case right now. Government insured loans are still priced high.
Conventional loans are blowing them away right now. I’m seeing some rates in the high 2’s for 30 year fixed mortgages.
So, if you need a loan to buy a house – focus on Conventional mortgages right now.
That’s it for today!
Thanks for reading!
Brett
I wanted to address the two most common questions that I get regarding reverse mortgages……
Do you need cash out of your home, but you don’t want to refinance the…
Would you like to get cash out of your home, but you don't want to…
If you need cash out of your house, but don't want to touch your first…
I wanted to address the two most common questions that I get regarding reverse mortgages……
I had this situation come up again recently… Advice: If you enter into a lease…