Movement Mortgage DMV - NMLS# 195048

05/27/2024

01/19/2023

The 3 Cs! You know, cut, color, carat...oh, wait. Wrong Cs. 💎 When you apply for a mortgage, an underwriter will evaluate your credit and payment history, income and assets, then categorize their findings into the 3 Cs.⁣
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Capacity: Your ability to repay a loan by comparing your monthly gross income against your total monthly recurring debts.⁣
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Credit: A combined credit report from the three national credit reporting agencies.⁣
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Collateral: Here, the lender orders an appraisal to verify the home’s value, and then determines a loan-to-value ratio (LTV).

01/17/2023

Buyers are taking advantage of the volatile market and dips in rates, but are we past the peak? Dive into the details with our latest Market Update: https://blog.movement.com/2023/01/13/2023-housing-market-spurred-mixed-bag-economic-data/

01/12/2023

DID YOU GET A PUPPY FOR CHRISTMAS?????? (WE HOPE SO!) While a new pup might not require as much constant watching as a human baby, pet-proofing is a VERY good idea to keep your furry friend safe and your home unchewed. 🐶

More tricks, oops we mean tips: https://blog.movement.com/2022/06/04/keep-new-dog-safe-new-home/

01/10/2023

Planning to buy in 2023? There might be some hope on the horizon. Check out our Market Update to learn more: https://blog.movement.com/2023/01/06/volatility-continues-theres-hope-housing-2023/

01/09/2023

Yes, you want a good school system for your kiddos. But did you know school districts have an impact on property value? The higher a school district's scores, the higher the home value in that area. An A+ in education means an A+ in home value! 🤓

01/01/2023

Happy New Year! 🎉 We wish you an abundance of new adventures, good fortunes, and happy memories in the coming year.

12/25/2022

Lighting the tree 🎄swapping gifts 🎁 and meals with family 🍗…you do A LOT on Christmas. But there’s one place that brings everyone together – HOME 🏡 . So wherever you find yourself this Christmas, I hope it’s in a home filled with warmth, joy and togetherness.

12/22/2022

Don't forget step 4: Give an enormous bear hug to the person who contributed to your new home! 🐻

12/20/2022

Rates may have peaked, but don’t expect to see 2021 levels again…probably ever. So what can you expect? Read up on the latest inside our Market Update: https://blog.movement.com/2022/12/16/feds-rate-increase-mean-good-news-mortgage-rates/

12/19/2022

Don't do it! The length of time you have credit in good standing is a key factor used to calculate your credit score, and if you close an account, all that credit history is wiped from your report. That'll impact your credit profile, which might change your rate or cause delays.

12/13/2022

The average rate for a 30-year fixed-rate mortgage fell for a fourth consecutive week, but still remains solidly above 6%. Uncertainty around the future of the economy is part of the reason why rates continue to decline and that same uncertainty could force the Fed into a bigger federal funds rate hike than expected.

We dive into the details inside our latest Market Update: https://blog.movement.com/.../rates-drop-market-awaits.../