Will there be a foreclosure crisis in 2021? There are people that are sitting back and waiting to buy a home because they’re scared that a foreclosure crisis is coming and that that’s going to lead to lower home prices, or they’re waiting to snatch up a foreclosure deal to get a better deal on a…

For today’s post, we’ll talk about the Fannie Mae housing and interest rate forecast through 2022. I’ve shared this in previous months, but there’s some interesting data coming across with what’s happening in the economy and the markets with COVID, the election, and everything. I just wanted to share this for this week’s video to…

Hi, everybody, RJ Baxter here with with your tip of the week. First of all, happy holidays to all of you. It’s Christmas week. I can’t believe 2020 is almost over. I hope you guys enjoy some time with your family, this holiday season in a safe way, of course, and enjoy the season. This…

Why Do Lenders Ask So Many Questions Home Buying Process? If you’re at any point in the loan process, whether you’re working on getting pre-approved, you’re already under contract and buying a home, you might be thinking to yourself, “Why do lenders have so many questions? They just keep asking me more and more questions.…

Can I Qualify For A Mortgage BEFORE I Start My New Job? So you’re starting a new job, but you want to buy a house and you haven’t started the job yet. You might be wondering, can I use that income from the job that I’m starting in the future? We get this question quite…

What happens at that moment where you sign the paperwork and become a homeowner? Basically there’s a couple things to mention leading up to your closing day that are very important to keep in mind: The first of which is that you’re going to receive a disclosure that has to arrive to you at least…

How Does A Stock Market Drop Affect Mortgage Rates? In case you didn’t notice, the stock market has taken a bit of a dip. It’s gone down a little bit, and I want to talk about how stock market drops affect mortgage rates. Now, if you have investments in the stock market, and you’re worried…

What is the adverse markets refinance fee? The adverse markets refinance fee is a fee that was imposed on the American public by the Federal Housing and Finance Agency. This is the agency that oversees mortgages, conventional mortgages specifically, across the country. What they did is they announced last week, this is August, 2020, that…

I’m going to answer that question today in today’s tip of the week, because we get this question every day in our office. Does it make sense to get going right now or to wait? Rates might go down in the future, but we don’t have a crystal ball. We don’t know if rates are…

Do you have to pay capital gains when you sell a home? I get this question a lot as a mortgage planner so I’m going to attempt to answer that today in today’s tip of the week. Before I get into this question, I want to preface this by saying that I’m not a tax…