Unpacking the 2023 Price Changes to Conventional Loans
I’m cautiously optimistic we are on a path to recovery in the housing industry following a year of record mortgage rate hikes coupled with a...
Mortgage Rates Dip Following Today’s Fed Announcement
The Fed announcement of a 25 basis point rate hike was welcome news to the financial markets sending Mortgage Backed Security prices up and 10...
4 Reasons Now is a Buyer’s Window
If current market conditions have delayed your home buying effort, here are four reasons why you should alter your approach to purchasing a home but...
What is the right path for you, Jumbo or Conforming? Recent announcements from the FHFA blur the boundaries between Jumbo and Conforming loan programs
In the ongoing effort to make home ownership affordable, the FHFA released 2023 loan limit increases early raising the maximum conforming loan amount to $726,200...
Fed Rate Hike Lands Softly – Mortgage Rates Dip
The Fed As speculated the Federal Funds Rate hiked another 75 basis points (bps) not the feared 100 bps that would have thrown a stronger...
Marry the House, Date the Rate
Affordability is challenging for many home buyers with a typical mortgage payment 27% higher than last year at this time. A solution to this challenge...
Is Now a Good Time to Buy? A Perspective on Mortgage Rates and the Housing Market
Uncertainty, especially surrounding monetary policy is a breeding ground for rate increases. The near memory of the bottom falling out of the housing market in...
Optimize Your Credit Score and Save Money on More Than a Mortgage
Higher credit scores save you money on mortgage loans, auto loans, credit cards, insurance coverage and can even eliminate the need for deposits when establishing...
Make the Winning Offer – Include Fairway’s Cash Guarantee™
What if you could make a cash offer? Now you can. Fairway Independent Mortgage Corporation announced a Cash Guarantee™ for buyers this week. This combined...
Fairway Is a 2022 America Saves Savings Champion!
Fairway Independent Mortgage Corporation is honored to be among the 34 recipients recognized for extraordinary service as a Savings Champion upholding the 2022 theme of...
