Loan limits for 2025 are rising, opening up new possibilities for homebuyers across the nation. These limits, set by the Federal Housing Finance Agency (FHFA), determine how much you can borrow without stepping into jumbo loan territory. This year, they&r
Dec 19, 2024 | Web Info Interest Rates Credit
If you want a lower monthly mortgage payment, you might consider buying down your interest rate when you get a new mortgage loan. This clever trick helps you lower your mortgage interest rate. And when your interest rate goes down, your monthly payments a
Dec 17, 2024 | Real Estate Info
12/13/2024 - Mortgage Rates Fall for Third Straight Week Mortgage interest rates tumbled for the third consecutive week, according to Freddie Mac, helping to increase demand for home buying. The average rate on a 30-year fixed-rate mortgage fell to 6.60%
Dec 16, 2024 | Mortgage News Interest Rates
As you stand on the threshold of homeownership, pre-approval letter in hand, you may wonder: How long will this golden opportunity last? Understanding the time-sensitive nature of your mortgage pre-approval can help you stay competitive in today’s f
Dec 11, 2024 | Purchasing a Home Pre-Approval First Time Buyers
Unlocking the Door to Homeownership with USDA Loans USDA loans are the key to homeownership for many, offering no down payment and affordable terms for properties in rural and suburban areas. Let’s break down this lesser-known mortgage option and se
Dec 06, 2024 | Purchasing a Home USDA Loans Real Estate Info
After buying your home, it’s time to prepare for your first mortgage payment. At Cliff Mortgages we want to help you get off to a great start owning your new home! Here’s everything you need to know about your first mortgage payment, along wit
Dec 02, 2024 | Purchasing a Home First Time Buyers