The Broker Advantage
When it comes to life’s important questions, “What’s the difference between a mortgage broker and a mortgage banker?” really can’t compete with “What do you want to be when you grow up?” and “Will you [...]
New Arizona Conventional Loan Limits for 2019
New Arizona Conventional Loan Limits announced for 2019 The Federal Housing Finance Agency (FHFA) has announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2019. See [...]
Does Buying Downtown Make Sense?
In the late 1990s, downtown Phoenix was pretty much dead. Today, with its state-of-the-art sports facilities, ultra-hip restaurants and bars, completely renovated convention center, and ASU extension campus, the area resembles more of a boom [...]
Does Moving Up Mean Moving Out?
Last week, the Phoenix Business Journal ran an article about Scottsdale-based luxury home builder Meritage Homes’ intention to shift its focus from the luxury market toward building more entry-level homes. With home prices and [...]
FHA Loan Ban Lifted for Sun City Home Owners
Good news for seniors living in Sun City who want to use a Reverse Mortgage. FHA has lifted its two-year old ban against doing forward mortgages and reverse mortgage (referred to as Home Equity Conversion [...]
Despite Dip in Valley Permits, There are Still Lots of Homes Out There
One of the important metrics for evaluating the health of the housing market is the number of single-family home building permits issued. The higher the number of permits issued, the more growth in the market. [...]