Aiden Arzamendi - HomeTrust Mortgage Corporation

10/24/2023

Why is a Soft-Pull important when being Pre-Approved for a mortgage?

A "soft pull" credit report keeps you hidden from others, so pulling credit this way won't affect your credit score negatively. A soft-pull also prevents the credit bureaus from selling your info to others who can bombard you with lead-generation solicitations.

03/22/2023

Existing-home sales rose to a rate of 4.58 million in February, the National Association of Realtors said.

02/16/2023

Go ahead... Opt Out.

Did you know that the national credit bureaus SELL your information to companies that will call and email you when your credit report is pulled? Not many people know this.

You can prevent this breach of privacy by going to OptOutPrescreen.com and choosing to Opt Out of this practice.

01/27/2023

Data shows that the dramatic price increase of building materials slowed in 2022 and experienced four months of consecutive decline. Will 2023 see more price decreases?

The producer price index (PPI) for inputs to residential construction less energy (i.e. building materials) rose 8.3% in 2022 (not seasonally adjusted) according to the latest PPI report—less than one-half the increase seen in 2021. On a monthly basis, building materials prices declined 0.3% in De...

01/13/2023

Are the rumors about recently built homes true? Some concerns are unfounded, but it's helpful to know these tips if you're looking at anything built within the past three years.

Videos making the rounds on social media are warning homebuyers to steer clear of homes built between 2020 and 2022, suggesting that supply chain issues and labor shortages have led to lower-quality construction.In reality, real estate experts say these claims are likely a bit overblown, since homes...

01/04/2023

This is great news!

FHA's 12% increase in their loan limit for 2023 helps low-down-payment home buyers achieve home ownership.

The FHA max for the Chicago area is up to $472,030 for a single-famliy home now, with a down payment as little as 3.5%.

For more information and a consultations, contact your HomeTrust Mortgage Expert today.

12/28/2022

These helpful infographics outline what projects homeowners took on according to when their house was built, as well as their average budget and more.

A new study identifies the improvement projects homeowners prioritize based on how old their home is.

12/19/2022

The search for your dream home doesn't have to take a back seat over the holiday season -- this guide outlines some helpful tips to navigate the market this time of year.

There’s a myth that the real estate market shuts down over the holidays and that it’s a terrible time to buy a home—because who wants to buy a home when you could be spending that time with family. You saw where we said “myth,” right?  The truth is that buying a home over the holidays...

12/12/2022

The market is shifting, but that doesn't mean it has to be a bad time for sellers. Keep these three things in mind to help make your selling experience as smooth as possible.

Get the latest real estate news and trends.

12/08/2022

It's easy to confuse an appraisal gap clause with an appraisal contingency clause. But in fact, they're pretty much opposites of each other -- here's a helpful overview.

If you have an appraisal gap when the home you buy is valued, there is a difference between the amount

12/05/2022

Zombie properties are abandoned by the owner due to foreclosure. Now that the foreclosure ban has been lifted, the number of zombie properties are increasing back to pre-pandemic levels.

ATTOM's Q4 2022 Vacant Property and Zombie Foreclosure Report shows that 1.3 million residential properties in the U.S. sit vacant.

11/29/2022

Fannie Mae officially announced the new single unit loan limit: $726,200!