Mortgage News
Creative Source of Funds for Down Payment and Closing Costs
Closing costs are a primary obstacle for homebuyers. We highlight an often overlooked source of funds for home buying – a Roth IRA.
Could a 2-1 Mortgage Buydown Make Sense for You?
With mortgage rates hovering right above 7%, many homebuyers have been worried about affordability. Several clients of ours have
RMC Fall Updates
Occasionally, I write a newsletter that isn't about the real estate market, interest rates, or new mortgage programs. Instead,
Mortgage Rates Are Over 7% and We Are So Busy
This week, I want to share with you what we are seeing in the DMV real estate market.
The DMV Celebrates 20 Years of Collaborative Divorce
This past Saturday night, RMC joined Collaborative Divorce practitioners from Maryland, Virginia, and Washington, D.C., to celebrate 20
Bigger Loans, Bigger Opportunities: Higher Conforming Loan Limits Are Here Early
Each November, the Federal Housing Finance Agency (FHFA) updates the maximum national baseline conforming loan limits for mortgages
Helping More People Qualify to Buy a Home
Freddie Mac has recently revised its underwriting guidelines for using accumulated assets as income, and it is a
Check In on Mortgage Interest Rates
For anyone thinking about buying a home in the next year, they are most likely watching mortgage interest
Home Equity Loans: Four Ways Your Home’s Equity Can Work for You (Part 2)
Last week Patrick wrote about two examples of using your home equity to accomplish financial goals without touching
Home Equity Loans: Four Ways Your Home’s Equity Can Work for You (Part 1)
For many homeowners, their home is their largest financial asset and, over time, the equity they’ve built can
Back to School at RMC
This week, most of your children and grandchildren start back to school, so, in the spirit of learning, I
What’s going on with mortgage interest rates?
Before Friday’s July jobs report, I was planning on writing a newsletter saying that we should expect the
