Northern VA Real Estate and Community Category
Watch Out For The New Loan Limits
Since 2008, we have gotten used to having conventional and FHA loan limits that follow the DC area’s higher than average home prices. Most locations in Northern Virginia have enjoyed conventional and FHA loan limits of $729,750. The problem is that these loan limits were part of a temporary stimulus package that will expire this fall. Lenders are telling me that...
Click Here To Read More...Home Affordability Can Change By The Hour
There was an informative article in Trulia today that was geared towards Realtors, but it contains some information that is also important for home buyers to consider. Record low interest rates are allowing homes to be more affordable than ever before, but interest rates are volatile. The article claims that in June 2011, mortgage rates changed every 3 hours, 23 minutes...
Click Here To Read More...May Market Update for Northern Virginia
Short video with the update for the May Market in Northern Va.
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