Daphne Bernstein at Princeton Mortgage, #2111795

03/30/2023

There are many reasons that one might decide to Refinance their existing mortgage.

One is to eliminate the added expense of private mortgage insurance.

If you are wondering if now is a good time to refinance – reach out, and I can help you know your options!

03/27/2023

Are you looking to renovate your home? If so, I might have the solution for you! We now offer a great loan program for renovations. Reach out to me if you want to explore.

03/23/2023

Need a bigger loan for your dream home? 💰💸

Check out a Jumbo Loan with Princeton Mortgage!

Don't settle for less when it comes to your dream home – contact me today! 📲

03/17/2023

Have a shamrockin day! 🍀 🌈

03/16/2023

We are proud to support those who serve for all of us!

That is why there are ZERO origination fees on all VA loans.

At Princeton Mortgage, we believe it is the least we can do!

03/13/2023

There has been a lot of waves in the financial world in the past few days.

Perhaps more to come; however, it is important to remember:

STAY CALM.

My opinion:

Cycles and events like these happen, but all you can do is continue to follow your plans.

Buy or Sell the home. Save for retirement. Take that trip you have been planning for.

Don’t let the noise knock you off track.

I am here if you need anything – just reach out 😊

03/11/2023

03/10/2023

What set’s us apart?

Customer Satisfaction is NOT a nice outcome.

It is the GOAL!

And in February 2023 – we pitched a perfect game 😎

03/08/2023

🚨 BIG NEWS 🚨

VA Funding Fees are being REDUCED.

Reach out to learn more!

03/07/2023

Some important news coming out of the federal reserve that may have an effect on the housing market:

“The latest economic data have come in stronger than expected, which suggests that the ultimate level of interest rates is likely to be higher than previously anticipated,” Powell said in remarks prepared for two appearances this week on Capitol Hill. “If the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace of rate hikes.”

https://www.cnbc.com/2023/03/07/fed-chair-powell-says-interest-rates-are-likely-to-be-higher-than-previously-anticipated.html

Citing earlier data showing that inflation has reversed the deceleration in late 2022, Powell warned of tighter monetary policy ahead.

02/22/2023

BIG news for Homebuyers with an FHA loan!

HUD has announced they will lower mortgage insurance premiums.

From the story linked below:

“Under the plan an estimated 850,000 homebuyers and homeowners with new FHA-insured mortgages would save an average of $800 per year, according to the White House.

To do that, the Federal Housing Administration is lowering its annual mortgage insurance premium for most new borrowers by 0.30 percentage points, from 0.85% to 0.55%.”

https://wjla.com/news/local/kamala-harris-wes-moore-home-sales-homebuyers-homeowners-real-estate-fha-insured-mortgages-save-800-per-year-hud-federal-housing-administration-marcia-fudge-bowie-state-university

02/07/2023

https://www.scotsmanguide.com/browse/content/borrowers-look-again-to-permanent-buydowns-in-bids-to-lower-housing-payments

Some are saying that 2-1 Buydowns are “tailor-made” for this market.

I tend to agree!

Instead of lowering the asking price, Sellers can offer a Seller’s concession to “buy down” the interest rate.

For the 2-1 Buydown, that means lowering the interest rate by 2% the first year and 1% the second year.

For more information on how this can potentially help your clients – reach out!