Tax season is here and it is more important than ever for Americans to be alert for tax-related identity theft and to know the signs that your private information has been stolen. Criminals attempting to steal your tax refund, will fraudulently file your tax return early with the plan to claim your … [Read more...]
Colorado Is Second With Highest Housing Shortage Nationwide
America’s housing market is undersupplied by 3.3 million units, and the shortage is getting worse every year, Freddie Mac said in a report on Friday according to Kathleen Howley in her March 2, 2020 Housing Wire article.“New housing supply is not keeping up with rising demand,” said Sam Khater, … [Read more...]
FHA Loan Limits Rise Again In 2020
Great economic news for FHA loan customers starting in 2020. According to an announcement from the FHA, the 2020 FHA loan limit for most of the country will be $331,760, an increase of nearly $17,000 over 2019’s loan limit of $314,827.That loan limit applies to much of the country, with the … [Read more...]
Conforming Loan Limits JUMP UP AGAIN in 2020
Conforming Loan Limits will JUMP UP AGAIN in 2020. The Federal Housing Finance Agency announced Tuesday that it is raising the conforming loan limits for Fannie Mae and Freddie Mac to more than $510,000.In most of the U.S., the 2020 maximum conforming loan limit will be raised to $510,400, up … [Read more...]
FHA moves to limit cash-out refinances
For the first time in a decade, FHA cash out refinance limits have been slashed from 85% to 80% of your home's value. If this 5% cut won't help you achieve your goals then let's see if you are able to consider other loan programs that may provide the cash you need.Call us to discuss your options … [Read more...]
