Sep 23, 20214 minYou Can Now Buy Homes with CryptocurrencyIn the US, cash is still king. But with the spotlight now on bitcoin—buying homes with cryptocurrency—at the very least when it comes to lux
Aug 5, 20213 min$10 Billion Homeowners Assistance FundIf you or someone you know has been struggling to make ends meet since the pandemic began, there’s something you should know. While the...
Jul 22, 20212 minFHFA Kills Adverse Market FeeIn August of last year, the FHFA decided to add an adverse market fee to the refinancing process. Now, the FHFA is reversing that...
Jul 8, 20213 minFHFA Will Help Homeowners Exit ForbearanceAlthough it’s been over a decade, the ghost of the crash of ‘08 still hangs in the air—and it skews home buyers' perceptions of the...
Jun 23, 20212 minHUD Amends Student Loan Debt Requirements for FHA LoansEffective August 16, 2021, the U.S. Department of Housing and Urban Development (HUD) will be changing the standards of how student loan...
Jun 17, 20212 minGet In Loser—Inflation is Taking the Wheel This SummerWe all knew inflation was coming—but don’t freak out—it’s only temporary. There were signs of inflation as lumber prices were going up,...
Jun 4, 20215 minHurricane Season: Buying Homes Up to Florida Building CodeThe 2021 hurricane season began this past Tuesday on June 1st. Normally, you might stock up on generators, flashlights, canned goods and...
Apr 29, 20213 minNew QM Rule Set for 2022Also known as the qualifying mortgage rule, the QM rule is a standard rule applied to potential home buyers. Mortgage brokers must use...
Apr 7, 20212 minHouse Bill 403: Tallahassee May Decide New Zoning Laws for All of FloridaA new business bill has been proposed in the Florida legislature—and it’s ruffling some feathers. Proposed by state senator Keith Perry,...
Mar 18, 20213 minInflation in Latin America & Foreign National LoansMiami has a long track record of being an excellent place for foreign nationals to buy investment properties. A lot of factors can play...
Mar 11, 20214 minBought a Florida Home in a Flood Hazard Area? Citizens Property Insurance is Probably Your ProviderIf you’re a Florida homeowner, chances are that you’re going to have a high property insurance premium. Last December, Florida property...
Feb 25, 20212 minHow Treasury Yields Affect Your Mortgage Interest RatesIf you’re in the process of buying a home, chances are you’re going to want to learn about treasury yields, interest rates, what bonds...
Jan 20, 20212 minLenders vs. Brokers: What's the Difference?If you’ve ever shopped for a home, you know that the terminology can get confusing pretty quickly. Specifically, the words broker and...
Jan 14, 20213 minHow Mortgage-backed Securities WorkMortgage-backed securities are kind of like stock market units, but for mortgage brokers. Essentially, a mortgage-backed security (MBS)...
Jan 14, 20213 minHow to Find Pre-ForeclosuresGet Pre-Approved by a Mortgage Broker The general rule of thumb when buying any home is to get pre-approved. It’s just basic home buying...
Dec 16, 20202 minHow Did the Crash of ‘08 Affect South Florida Home Building?The crash of ‘08 drastically reduced South Florida home building. From 2010 to 2013, when the effects of the crash of ‘08 were felt at...
Dec 4, 20202 minSometimes, You Just Need to Walk Away From the BeachI never thought that I would say this, but sometimes, the best thing you can do is walk away from the beach. Why? Because with the year...
Nov 25, 20201 minFHFA Expands Loan LimitsThe FHFA announced that Fannie Mae and Freddie Mac are expanding conforming loan limits to $548,250 up from $510,400. That’s a 7.5%...
Nov 20, 20204 minBroker's Open: We Came, We Saw—We Were StunnedI love a good open house. The way I think about it, a good open house is like Ben Stiller in Zoolander. All the house needs to do is give...
Nov 6, 20202 minRefinance Before GSE Fees Go Into EffectBack in August of this year, the Federal Housing Finance Agency (FHFA) decided to raise their GSE fees. Specifically, these fees are...