Will Assumable Mortgages Save Housing?
I was recently asked if assumable mortgages might bring some relief to homebuyers who are dealing with the worst home affordability in 30 years.
Posted by Joe Manausa on June 20, 2022
Will 2022 Be The Year Of The Foreclosure?
The foreclosure moratorium has been lifted. There are also eight million borrowers in the US who enrolled in loan forbearance plans that allowed them ...
Posted by Joe Manausa on March 28, 2022
What Are The Benefits Of A 40-Year Mortgage Amortization?
If you have ever borrowed money to buy a home, then you are probably aware of the 30-year and 15-year fixed-rate loans. But what about the 40-year ...
Posted by Joe Manausa on November 18, 2021
How Much Money Do You Need To Buy A Home Today?
Five percent down? Twenty percent down? No money down? Closing costs? Exactly how much cash do you need in hand to buy a home today?
Perhaps the most ...
Posted by Joe Manausa on November 15, 2021
What Do Low Mortgage Interest Payments Really Mean?
Every article or video about mortgage interest rates conveys that rates are low, but do you really know what it means? How do low mortgage interest ...
Posted by Joe Manausa on May 3, 2021
Don't Let These Mortgage Lender Tricks Fool You!
The majority of people who buy a home end up borrowing money through a mortgage loan for the bulk of the purchase.
In the past, buyers typically ...
Posted by Joe Manausa on February 4, 2021
Pre-Approved Mortgage Versus Pre-Qualfied
Yesterday, 8 buyers made an offer on a property we had listed for sale. Today, 7 of them have to start all over again looking for the dream home that ...
Posted by Joe Manausa on June 22, 2020
Mortgage Interest Rates 20% Lower Than Last January
Mortgage interest rates are currently 20% below where they were one year ago, perhaps a signal that the housing market could push higher.
Posted by Joe Manausa on January 13, 2020
The Biggest Change For VA Loans In 75 Years
If you have access to a VA Loan, then you are going to be blown away with the news that I have for you today.
The VA Home Loan Program began in 1944 ...
Posted by Joe Manausa on December 13, 2019
Buy A Home Now Or Wait To Save For A Larger Down Payment?
If you have been considering making a move and are thinking about waiting, you should really check out the current state of the Tallahassee real ...
Posted by Joe Manausa on June 25, 2019
Will New FHA Rule Destroy Vibrant Housing Market?
Several months ago, the FHA announced that it was going to tighten up its lending standards as the year progressed. The year is progressing.
What we ...
Posted by Joe Manausa on May 20, 2019
Buying A Home? Here Are Ten Bad Mistakes You MUST Avoid
If you are getting ready to buy a home and you are paying cash, this article is not for you. But if you plan on financing your purchase, I've ...
Posted by Joe Manausa on April 17, 2019
Mortgage Broker Answers First Time Home Buyer Loan Questions
Most first time home buyers have a lot of questions about borrowing money, and many turn to lenders and mortgage brokers late in the process to find ...
Posted by Joe Manausa on February 28, 2019
Answers To Mortgage Questions You'll Have When Buying A Home
Don't Market These Mortgage Mistakes!
We maintain relationships with several prominent mortgage lenders and reach out to them from time to time to ...
Posted by Joe Manausa on February 1, 2019
How Does The Government Shutdown Effect Mortgage Loans?
The federal government shutdown has exceeded three weeks, set a new duration record, and is threatening several aspects of the Tallahassee real ...
Posted by Joe Manausa on January 14, 2019
Mortgage Questions Answered By A Trusted Advisor
If you are planning to buy a home in Tallahassee, then you're likely to need a mortgage. Because a mortgage represents the bulk of the purchase ...
Posted by Joe Manausa on January 4, 2019
The Oldest Real Estate Question Ever: Should You Rent Or Own A Home?
The answer to renting versus owning a home cannot be summed up in one sentence, nor does the same answer apply to everybody.
If you have pondered ...
Posted by Joe Manausa on October 17, 2017
Where Will Buyers Get The Money To Buy A Home In 2017?
When it comes to buying a home, the greatest issue for the majority of buyers is from where to get the money.
Roughly 1 in 4 can pay cash, so ...
Posted by Joe Manausa on December 28, 2016