A second home/vacation home: the ability to have a place you can escape to for relaxation from work and a place to make memories with family and friends. How do you know you are ready financially? You ...
Read moreLauren's Blog
FHFA Recalibrates Upfront Fees for 2023
In mid-January, the Federal Housing Finance Agency (FHFA)announced further changes to Fannie Mae’s and Freddie Mac’s (the Enterprises) single-family pricing framework by introducing redesigned and ...
Read more2022 Update from the Maryland State Legislature (Part 2)
In 2022, the Maryland State Legislature convened on January 12th and adjourned on April 11th. Maryland REALTORS® issues a report each year on the Maryland Legislative session to summarize ...
Read moreMoving After Losing A Loved One
This post is authored by Lucille Rosetti from thebereaved.org and is being added to my blog at her request to helpprovide information on how to proceed with moving after the loss of a loved one. Moving ...
Read moreLWB Real Estate Report: Credit Reporting Change
Homebuyers that have been struggling to raise their credit score enough to qualify for a mortgage may be in luck. Major credit reporting firms haveoverhauled how they handle reporting negative credit ...
Read moreLWB Real Estate Report: Tax Prep to Purchase
For those considering a purchase of a new home in 2017, there are steps you can take to prepare yourself financially. The first step is to contact a localmortgage broker that can help review your current ...
Read moreComponents of a FICO Score
If you don’t have good credit, you cannot get a mortgage—simple as that. Due to the importance of having good credit in the pursuit of homeownership,here is a summary of what goes into your FICO ...
Read moreBig impact may come with new credit scoring
Some proposed changes in credit scoring may have a big impact on how many Americans will qualify for home loans. Fair Isaac Corporation (FICO), the most widely used credit score, recently announced that ...
Read moreMany own homes through MMP effort
The Maryland Mortgage Program (MMP) is a home loan program that can open up the door to homeownership for many Marylanders who wouldn’t otherwise beable to afford to buy their first home. This program, ...
Read more$25 Billion Settlement Against Banks
$20 billion in relief for homeowners The federal government and 49 state attorneys general have settled a lawsuit for $25 billion against the country's five biggest banks for foreclosureprocessing and ...
Read moreFHA Waives Anti-Flipping Rules through 2012
Buyers looking to purchase a home with an FHA backed loan will continue to have more leeway to purchase directly from banks or investors with a recentdecision by the Federal Housing Administration to ...
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Recent Posts
- When to know if you’re ready to buy second, vacation home
- FHFA Recalibrates Upfront Fees for 2023
- 2022 Update from the Maryland State Legislature (Part 2)
- Moving After Losing A Loved One
- LWB Real Estate Report: Credit Reporting Change
- LWB Real Estate Report: Tax Prep to Purchase
- Components of a FICO Score
- Big impact may come with new credit scoring
- Many own homes through MMP effort
- $25 Billion Settlement Against Banks
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