Tag Archives: first-time homebuyer

27-year Burger King employee buys 1st home after TikTok fame

By | | Uncategorized
Comments Off on 27-year Burger King employee buys 1st home after TikTok fame

Kevin Ford achieved viral status for never missing a day of work during 27 years and was able to purchase his first home through a subsequent fundraising campaign. Continue reading →

FHA 2024 loan limits are headed up, chasing rising home prices

By | | Uncategorized
Comments Off on FHA 2024 loan limits are headed up, chasing rising home prices

Annual home price appreciation of 5.5 percent pushes FHA loan limits up to a minimum of $498,257 in affordable markets, and to a ceiling of up to $1.72 million in high-cost states like Alaska and Hawaii. Continue reading →

How the Sitzer | Burnett decision hurts minority homebuyers

By | | Uncategorized
Comments Off on How the Sitzer | Burnett decision hurts minority homebuyers

According to Keller Williams Head of Inclusion and Belonging Julia Lashay Israel, the Sitzer | Burnett commission case is not just about changes in agent commissions; it is about the broader implications for the accessibility of homeownership, esp… Continue reading →

5 ways to bring the wow-factor with your first-time homebuyers

By | | Uncategorized
Comments Off on 5 ways to bring the wow-factor with your first-time homebuyers

Every client presents an opportunity for repeat business and referrals, writes Jonathan Pressman. How can you ensure you impress them and stand out from the crowd? Continue reading →

Rocket’s new 1% down mortgage also picks up tab for PMI

By | | Uncategorized
Comments Off on Rocket’s new 1% down mortgage also picks up tab for PMI

Lender estimates a hypothetical buyer putting down $2,500 on a $250,000 home could save $20,500 in private mortgage insurance payments over 7 years. Continue reading →

First home? No problem! How to guide first-time homebuyers

By | | Uncategorized
Comments Off on First home? No problem! How to guide first-time homebuyers

In today’s highly competitive real estate market, first-time homebuyers need more assistance than ever, writes trainer and author Bernice Ross. Here you’ll find an exhaustive list of resources that you can use to help them win. Continue reading →

Freddie Mac spotlights lenders for promoting affordable loans

By | | Uncategorized
Comments Off on Freddie Mac spotlights lenders for promoting affordable loans

UWM, Rocket and Fairway were enthusiastic backers of Freddie Mac’s Home Possible mortgage in 2022, which lets low-income homebuyers put as little as 3 percent down. Continue reading →

Helping new buyers get ‘invested’ in real estate

By | | Uncategorized
Comments Off on Helping new buyers get ‘invested’ in real estate

When working with buyers, take that conversation one step further, and share what you know about the different investment opportunities in real estate. Continue reading →

NAR: New Fannie and Freddie mortgage fees will hit middle class

By | | Uncategorized
Comments Off on NAR: New Fannie and Freddie mortgage fees will hit middle class

Mortgage giants’ federal regulator eliminates upfront fees for first-time homebuyers of limited means, but some better-off borrowers will see increases. Continue reading →