Becca Callantine, Mortgage Consultant

06/13/2023

02/23/2023

Great news for FHA mortgage borrowers! 🥳

This week, the Department of Housing and Urban Development announced a 30 basis point reduction (.3% of the loan balance) to the annual mortgage insurance premiums charged to FHA mortgage borrowers.

With this lower rate, homebuyers who purchase a home with an FHA mortgage after March 20 will be able to save an average of $800 in mortgage insurance costs every year.

Read our latest article to learn more about FHA mortgage insurance premiums and how this change will affect you 👇

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On February 22, the Department of Housing and Urban Development (HUD) announced a 30 basis point reduction (.3% of the loan balance) to the annual mortgage insurance premiums (MIP) charged […]

02/15/2023

You’ve heard that real estate is a great way to build wealth, but how does that actually work? Here are three ways you get paid by owning real estate👇

💰 Appreciation- the value of your home increases over time, meaning you will build wealth through equity or make a profit when you sell your home.

💰Cash flow- renting out your property (like a spare room, vacation home, or mother-in-law apartment) can provide extra cash to increase income or offset costs.

💰Depreciation- certain tax codes allow you to reduce your taxable income by depreciating or taking a write-off the assets you own.

Real estate is a dependable and powerful way to to gain long and short term wealth. Reach out to me to talk about what opportunities you can take right now!