I am looking at interest rates this morning, and I see that a 15-year rate is currently .750% to 1% lower than a comparable 30-year fixed rate. Most 15-year rates start with a 5, but if you pay a couple of points, you will get your rate down into the 4s! We are seeing some […]

We had a great meeting yesterday led by Bri King, Cherrie Brown, Jenn Wilder, and Mike Hrezo. We discussed the new contract and what to expect. The 90-minute meeting provided agents with many great nuggets, and we will post quick videos after everything is edited.   Some of my takeaways from the meeting are as […]

The interest rate drop over the past week or so has been significant, and it could continue, or we could get some economic news that can turn rates the other way. We are hopeful that our direction will continue, but we need to act fast, as this is an excellent opportunity for our buyers to […]

Interest rates have been creeping down lately, and now the economy is showing more signs of weakness, which may help push rates even lower.   The Federal Reserve met yesterday, and due to the economy’s weakness, three rate cuts may still be on the table to end the year. Turn the page to today, and […]

There are many loan programs out there with down payment assistance, and today, I want to talk about the FHA Chenoa program. This loan program offers an FHA first mortgage and a private 10-year fixed-rate second mortgage.   The first Mortgage is a 30-year fixed rate up to 96.5% of the purchase price, with a […]