The Federal Housing Administration (FHA) recently announced its 2021 loan limits. Due to a steady increase in median home prices across the country, the FHA increased annual loan limits by 7.42%. This will be shown in a floor increase from $331,760 to $356,362 for single-family home loans and a ceiling increase from $765,600 to $822,375. The 2021 national low-cost area mortgage[...]
[youtube https://www.youtube.com/watch?v=RcwY3FqS_RE&color2=FBE9EC&version=3] Academy Mortgage is continuing to answer the top 10 questions new home buyers have about mortgages in its weekly Mortgage Minute series. For this week, Gina Spearman answers the popular question. “Should I pay discount points?” Choosing to decide whether or not you want to pay discount points depends on several factors. Discount points are an additional fee that you[...]
Developer and Atlanta real estate expert Harold Cunliffe of The Pacific Group kept a packed room engaged and laughing during "Get Back in the Game," an informative meeting presented by the Greater Atlanta Home Builders Association. Joined by Bill Blanton, CEO of First Covenant Bank, the dynamic pair gave tips to home builders on what they need to do to[...]