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 👇

[email protected]" rel="ugc" target="_blank">https://neohomeloans.com/02/23/2023/big-savings-for-fha-mortgage-borrowers-just-announced/?lo=[email protected]

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!

02/13/2023

Do you know the difference between FACT and FICTION when it comes to the housing market? 🧐🏠 You will soon!

Join us this Wednesday, February 15th for a virtual discussion all about Inflation, Interest Rates, & The Housing Market. You'll learn what to expect with rates and affordability this year, why demand is increasing and supply is so low, and why we believe the housing market is NOT heading for a crash.

Buying a home is a big decision, and I know this discussion will help you overcome any fear and be confident in that decision. You can learn more about the event and register at the link below 😊

Learn what is influencing home prices and affordability today, so you can navigate the housing market with more confidence in 2023.

01/31/2023

Our mission at NEO is to help you build wealth and find financial freedom through smart mortgage and real estate planning. This starts with helping you understand what factors cause the housing market to fluctuate, so you can plan for the future and make a good investment that fits your lifestyle and financial goals.

There’s a lot of news chatter about a pending housing crash or bubble, but if you actually look at the factors that influence home prices today, you can see how wrong that is 📊 👀

Check out our latest article below to learn more about what is influencing home supply and demand today to understand just how different things are from the years leading up to 2008 - I think you'll be surprised!

[email protected]" rel="ugc" target="_blank">https://neohomeloans.com/01/26/2023/why-the-current-housing-market-is-so-different-from-pre-2008/?lo=[email protected]

If you’ve been following our blog, you know we’ve written a lot of articles about why today’s housing market is vastly different from the one that preceded the 2008 housing […]