John Lamb Mortgages

12/26/2024

2024 mortgage year in review -

2024 started out with a lot of hopeful expectations. Interest rates were around 6.6% in January, after coming down from a high of around 8% in October 2023.

05/16/2024

0% Down Program - Conventional loans -

Borrowers must be at or below 80% of the Area Median Income (AMI) for the address of the property they are buying and meet Home Possible® guideline requirements

05/16/2024

Rates, Inflation & Realtor Commissions -

Even though rates are higher than they were to start the year, we have been seeing a drop in rates since the beginning of May.

05/15/2024

Mortgage News - Week of May 13, 2024 -

Now more than ever before, you will be required to show your value to your buyers as they will be directly responsible to pay your commission.

02/02/2024

What will happen with interest rates this year? -

2023 brought us the highest interest rates we have seen in several decades. As the chart below shows, rates for a 30 year term topped out over 8% in mid October. While high rates did keep most people from buying, we haven’t seen too much of a reduction in home prices. This can make payments still ...

01/24/2024

Mortgage News - Week of January 22, 2024 -

When the Federal Reserve last met on December 13, 2023 their projections for interest rates in 2024 were to start tapering down rates.

01/01/2024

If finding a home is one of your New Year's resolutions, I can help you get a mortgage that fits you even better than that new sweater. Contact me today to get started.

01/01/2024

When we count down tonight, we’ll stop at three. That’s because 3% is all you need for a down payment to get a home of your own! Let’s make 2024 your year for homeownership!

12/31/2023

The holiday season seems to come and go faster and faster each passing year — all the more reason to live this season to its fullest. Happy New Year!

12/30/2023

Tired of renting? Pay yourself instead of your landlord! DM me to learn more about your home purchase options.

12/29/2023

I offer a program that allows eligible homebuyers to purchase a home with just 1% percent down! Call me and I'll give you all the details.

12/28/2023

Did you know that we have access to a borrower assistance program that provides up to $2,500 for income-qualified borrowers to use toward their down payment or closing costs? Call me today to learn more!