Finance News
What the Fed Funds Rate Increase Means for Your Homebuying Experience
The Federal Reserve announced a change to the rate from 1.50% to 1.75%, in March 2018. The rate is also projected to…
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Finance News
FHFA Announces Increase to Conforming Loan Limits for One-Unit Properties in 2018
Just last year, the Federal Housing Finance Agency (FHFA) announced an increase in conforming loan limits for both one-unit and multi-unit homes.…
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Finance News
First-time Homebuyer Tax Benefit Amendment Act
Attention First-Time D.C. Homebuyers: The Reduced Recordation Tax Incentive Goes into Effect This October Starting October 1, 2017, first-time homebuyers in the…
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Finance News
Tougher Reverse Mortgage Rules: What You Need to Know
If you’re 62 or older and own the house that you currently live in outright or almost entirely, a reverse mortgage lets…
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Finance News
Why 2017 Is a Good Time to Buy a House in the DC Metro Area
If you’ve been thinking about buying a home in the DC metro area, 2017 might be the right time to apply for…
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Finance News
FHFA Announces Increase to Conforming Loan Limits
Last month, the Federal Housing Finance Agency (FHFA) announced an increase in conforming loan limits. The change to conforming loan limits may…
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Finance News
How the Update to ‘Know Before You Owe’ Rule Will Benefit Homebuyers
Last October, the Consumer Financial Protection Bureau’s ‘Know Before You Owe’ initiative went into effect with the goal of promoting greater transparency…
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Finance News
Now You Can Save Even More Money With the USDA Loan
A USDA Loan offers 100% financing of a home and closing costs! In essence, the USDA loan may allow you to bring…
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Finance News
FHA Works to Bring First-Time, Millennial Home Buyers to Market
The Federal Housing Administration's (FHA) recent decision to reduce private mortgage insurance may be having its desired effect: encouraging millennials to get…
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