Looking for a home in Charlotte, Mint Hill, Belmont or Monroe? If you're like most people we talk to you want to get the mortgage loan that a) you can get approved for and b)has the best terms. FHA …
First Time Home Buyer DPAs in NC Explained
We've used the term First Time Home Buyer DPAs on this site multiple times. In most cases we are speaking of the down payment dollars that are available to us from the NC Housing Finance …
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What is a 2-1 Buydown Mortgage Loan?
Many lenders are shouting about "Fixed Rate Mortgages starting at 5.000%." Which is really a 2-1 buydown program. I've even gotten calls from Real Estate Agents asking how they are doing this! Some …
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FHA PMI Rates 2023
FHA PMI Rates 2023 are lower than they have been for many years. This is a great move, and is possible only because the FHA PMI fund is now in "positive" territory, and they did not have to request …
FHA Loans in Chapel Hill and Carrboro NC
Chapel Hill enjoys one of the highest income and educational family averages within the ”Triangle” region (The Research Triangle Park is a Tax Free Zone located between Durham, Chapel Hill and …
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Where are Mortgage Rates Headed in 2023
This morning one of my expectations for 2023 came to fruition, sooner than expected but as expected, Consume Price Index showed an increase in January instead of the declines we have seen over the …
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