Tag: home buying
-
The Fed on inflation: 3 possible scenarios for mortgage rates
By Jeff Ostrowski | Bankrate.com As mortgage rates surge and everyone awaits the Federal Reserve’s next move, market watchers are fixated on the … The Fed on inflation: 3 possible scenarios for mortgage rates
Vince Liuzzi
-
Keys to Home Ownership – Welcome Home Grant Program
Important Information for Homebuyers! Welcome Home Program The Federal Home Loan Bank of Cincinnati (FHLB Cincinnati) offers grants of up to $7,500 for honorably discharged veterans and active duty military homebuyers and up to $5,000 for all other homebuyers to assist with down payment and closing costs for income eligible homebuyers through the Welcome Home […]
Vince Liuzzi
-
Early Mortgage Payoff?
DNB First shared a link to an article today about “why you should make an extra mortgage payment” and it made me wonder, how many people have been able to pay off their mortgage early?
-
Thinking of a refinance – what’s holding you back?
Since 2012, many consumers across the United States took advantage of low rates and refinanced their high rate mortgages, lowering monthly payments and freeing up cash for other purposes. If you happen to be one of the approximately 20 million households who have never refinanced, and are paying 6% or more on your mortgage, you […]
Vince Liuzzi
-
New Year changes to mortgage rules under Dodd Frank
In early January 2014, a change will be made to allowable debt to income for qualified mortgages under Dodd-Frank. “Home loan seekers need to know that the allowable debt-to-income (DTI) ratio for a qualified mortgage under Dodd-Frank come January will be 43 percent,” Grace Keister of First Team Real Estate in Irvine, CA. This change […]
Community Banker News and Views 