There is a lot of news lately about the Fed raising rates, but what does that mean exactly? Are they raising mortgage rates?? Investment rates??? I’ll do my best to keep this brief and not too technical and this is how I see it- In a nutshell, when the Fed raises rates, everything is really … Read more…

March of 2016 may seem far away, but before we know it another Match Day will be upon us. Finding a home in your new community will be just one of many tasks that will follow being matched. There’s one thing you can take care of now that will make your move seamless later on. … Read more…

Doctor loans are great for several reasons.  In many situations they can remove the need for a down payment, they don’t require mortgage insurance, and yet they still offer great rates on both fixed and adjustable rate mortgages. There are key pieces of the puzzle though that can help make or break a deal:  stable … Read more…

First-time homebuyers are flocking to the housing market in greater numbers than any time in the last few years. Renters who are ready and willing to buy are now realizing that they are also able to as well. Many first-time buyers are Millennials (born between 1981 – 1997). What if I wait until next year … Read more…

Your school debt plays a factor when considering your mortgage options: You’ve been in school in some shape or form for the better part of the last 20 years, and unless your one of the fortunate few, you’ve no doubt accumulated a substantial student loan debt. And now that you’re done with school and ready … Read more…

Though many Doctor Loan programs allow for a small down payment, the guidelines concerning where the funds are derived from, can be complicated. If the lender requires 5% of the purchase price be from your own funds, one must be well prepared.   Checking, savings, investment accounts, etc. are typically the source of funds.  Great, … Read more…

Down Payment Options: Where Can The Funds Come From? Over the last several years the approval process for loans has tightened up along with higher credit score and down payment requirements. Fortunately, this past year has seen some loosening of loan requirements, enabling more buyers to gain approval. This is stimulating the housing market. Instead … Read more…

Some experts are advising that first time and move-up buyers wait until they save up 20% before they move forward with their decision to purchase a home. One of the main reasons they suggest waiting is that a buyer must purchase private mortgage insurance if they have less than the 20%. That increases the monthly payment … Read more…

2015 Match Day is Here. Are you ready? Anticipation is reaching peak levels with the NRMP Main Residency Match happening this Today.  Yes, March 20th is upon us.  For most, this day can’t come soon enough. Today, many received an email alleviating the fear of matching.  Now the anxiety almost becomes greater.  Will I get my first … Read more…