by Joe Peres | Dec 9, 2022 | First Time Home Buyer, Homeowners, Mortgage
The chart below compares the maximum conforming loan limit for 1 -unit properties (loan limit) with average mortgage interest rate*, the Average Federal Funds Rate**, and the Average MDSP. MDSP is the Mortgage Debt Service Payments as a Percent of Disposable Personal...
by Joe Peres | Mar 13, 2022 | First Time Home Buyer, Mortgage, New Home Purchase
Does the timing matter when planning to buy a home? Definitely YES! Although it’s said the best time to buy a home is when you can afford it, the time or season when you initiate the home buying process also matters a lot. The real estate market is affected by market...