That was the catchy headline in 1981 if you were looking for a 30-year fixed rate loan. However, I doubt much advertising money was spent on that one! In 2018, the mortgage rates are at or around 4.66% and for some folks that is too high. True, it is all relative as housing prices are …
Why am I still hearing about the Federal Stimulus Program?
The Federal Stimulus Program is a plan enacted by the Obama Administration to get the economy back on track after the housing meltdown in 2008. The component of the Federal Stimulus Program that is relevant to the mortgage industry is HARP (Home Affordable Refinance Program). Although it’s been around for some time, in August 2017 …
Going Live! Effective Social Media Marketing – Part 2
Live Video is a powerful tool to market your brand! You may have seen some of your colleagues doing video marketing on FB! This is a great way to get in front of your audience. You can do it Live on FB or record a video and post to your page just like you would …
Effective Social Media Marketing, Part 1
“WISELY CHOOSE THE MARKETING PLATFORM…AS IT IS THE PRIME FACTOR FOR PROMOTION AND SUCCESS OF YOUR BRAND AND ENTERPRISE” With so many choices in social media platforms and so much “advice” on social media marketing it can be overwhelming. To make it easier some experts recommend getting focused first! Consider what your goals are and …
FHA Loan Limits raised January 1, 2018
The housing market has come a long way since the housing crash. How do we know? Because for the second year in a row the FHA loan limits are being raised. Because housing prices continue to rise, the amount needed to purchase a home must rise also. What does this mean to you? It means …
Fannie Mae and Freddie Mac are out of control?
Government Control that is if the Trump administration moves in the direction that is expected. It looks like the Trump administration wants to get Fannie and Freddie out from under government control. In a plan released on Monday, the Trump administration asked Congress to raise the fees they pay on mortgage backed securities by 0.1 …
