Category: refinance
12
Aug
2024
An old rule of thumb suggested you would need a 1% rate drop to makerefinancingworthwhile. This adage was from a time when average loan amounts were far smaller. However, in today's market, even a smaller decrease in your interest rate can lead to significant savings over the life of your loan.
Read More
29
Nov
2023
On November 28, 2023, the Federal Housing Finance Agency (FHFA) announced an increase in the maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac in 2023.
Read More
10
Oct
2023
Mortgage News:Fannie Mae Approves 5% Down Payment for Multi-Unit Homes
Emerald Home Loans
News,
Buy,
Refinance,
First-Time Homebuyer,
Renovation,
Blog,
Product,
Mortgage Product
Exciting developments are underway in the mortgage industry, and we're here to bring you the most significant breakthrough in the mortgage world in the past decade.
Read More
01
May
2023
Fannie Mae and Freddie Mac recently announceda major change to the way they assess credit scores when multiple clients are on a mortgage. This update could help more borrowers qualify for a home.
Read More
30
Jan
2023
Buying a Home When Rates Have Risen
Emerald Home Loans
News,
Buy,
Refinance,
First-Time Homebuyer,
Blog
Its true rising interest rates can make a big difference in your monthly mortgage payment. But interest rates are only one factor in the cost of financing a home. The market changes that typically come with rising rates can be beneficial and even help mitigate higher payments.
Read More
11
Oct
2022
Read More
The Truth About Mortgage Rates
Emerald Home Loans
Insider,
News,
Finances,
Refinance,
Mortgage Product
13
Dec
2021
Since the pandemic, the meaning of home has certainly changed for many Americans.
Read More
23
Nov
2021
Rates could be moving up!
Read More
23
Nov
2021
Tap Into Your Home equity with a cash-out Refinance
Emerald Home Loans
Refinance
The holiday season is officially here. Why not tap into your home equity with a Cash-Out Refinance? A Cash-Out Refinance can be a good way to pay for those home improvements you’ve been longing to get done.
Read More
