It is easy to show your love on Valentine’s day. Sure, it may be hard to get a reservation at your favorite restaurant, but the world conspires to remind you why you liked someone in the first place. There is no shortage of chocolate, flowers or greeting cards to lavish someone with attention; and that is a good thing. And it is important to remember that Valentine's Day is not just about romantic love. It's an appropriate time to recognize all the people we care about. However, people who … [Read more...]

Conventional Loan Limits 2019 increased, see below chart The Federal Housing Finance Agency (FHFA) publishes annual conforming loan limits that apply to all conventional mortgages delivered to Fannie Mae and Freddie Mac including general loan limits and the high-cost area loan limits. High-cost area loan limits vary by geographic location. In South Florida, Miami-Dade, Broward & Palm Beach   the loan limits are as follow:            … [Read more...]

Here’s a technique I’ve mentioned before, but it’s so good, it’s worth repeating! Instead of setting goals and making resolutions for the New Year, try this slightly different idea that might have greater impact on the results you get. Instead of planning simple goals and resolutions, what if you imagine forward to the time when you are already at your goal, then you ask yourself how you got there? Instead of saying “I’m going to lose 20 pounds,” or “I’m going to start going on more … [Read more...]

This Article I am sharing from CNBC Scammers are tricking people out of enormous payments as they're about to close on a house A new variant of wire fraud schemes is increasingly targeting home buyers. Buyers are tricked into wiring their downpayment on the day of closing to a fraudulent offshore account, often by criminals who have spoofed or co-opted their real estate professional's email account. Losses from these scams are typically not covered or reimbursed by the bank. … [Read more...]

  What do you think if we will not have 30 year fixed rate loans any more? Have you thought of buying a home in Fort Lauderdale or South Florida lately? News from MPA(Mortgage Professional America) Will this lead to the end of 30-year mortgages as we know them? Housing boom is back... but without the bubble America's housing market is booming with home prices nationwide now back to where they were a decade ago, just before the financial crisis   First-time buyers … [Read more...]