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Adam Snively Adam Snively

How to save money with Family Opportunity Mortgage- Part 2

This mortgage is outstanding if you're looking to help your family members buy a home of their own. The Family Opportunity Mortgage allows you to purchase a home for your child, elderly parents, or disabled family member and count it as an owner-occupied property to get lower interest rates.

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Adam Snively Adam Snively

The 3 Factors That Affect Home Affordability

If you’ve been following the housing market over the last couple of years, you’ve likely heard about growing affordability challenges. But according to experts, the key factors that determine housing affordability are projected to improve this year.

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Adam Snively Adam Snively

Mortgage Rates Fall to New 4-Month Lows After Downbeat Data

Mortgage rates moved down at a fairly quick pace today following a slew of rate-friendly headlines. Technically, the headlines were good for the bond market, but bonds are primarily responsible for determining day-to-day changes in mortgage rates.

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Adam Snively Adam Snively

Mortgage Demand Picks Up as Seller Concessions Rise

Loan officers saw an increase in mortgage demand during the first week of 2023 as mortgage rates ticked down. And to close deals, sellers are increasingly coming to the table with concessions and rate buydowns.

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