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2019 Summer Market Update With Jim McMahan: Is it a good time to refinance?

In this video, Jim McMahan, President of Benchmark Mortgage, talks about the market, interest rates, and debt strategy to help you decide whether refinancing might be a good option for your financial goals.

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2019 Summer Market Update With Jim McMahan: Is it a good time to refinance?

In this video, Jim McMahan, President of Benchmark Mortgage, talks about the market, interest rates, and debt strategy to help you decide whether refinancing might be a good option for your financial goals.

Read more

Mortgage Applications Rise 4.1% According to Most Recent Data

The Mortgage Bankers Association reported a 4.1% increase in mortgage applications from the prior week. Steve Remington, Benchmark’s Chief Operations Officer, noted that the increase in applications could be a consumer response to the recent trend in the market, indicating a shift from the prolonged period of low interest rates. “Mortgage Bankers Association Data indicates …

The post Mortgage Applications Rise 4.1% According to Most Recent Data appeared first on Benchmark.

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HUD Announces New FHA Loan Limits

Yesterday, December 7, 2017, the Federal Housing Administration announced that for 2018, 3,011 out of 3,141 counties in the U.S. (~96% of all counties in the nation) will see an increase in FHA loan limits. Ceilings and Floors In high-cost areas, the FHA’s loan limit ceiling will increase this year to $679,650, up from $636,150, …

The post HUD Announces New FHA Loan Limits appeared first on Benchmark.

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HUD Announces New FHA Loan Limits

Yesterday, December 7, 2017, the Federal Housing Administration announced that for 2018, 3,011 out of 3,141 counties in the U.S. (~96% of all counties in the nation) will see an increase in FHA loan limits. Ceilings and Floors In high-cost areas, the FHA’s loan limit ceiling will increase this year to $679,650, up from $636,150, …

The post HUD Announces New FHA Loan Limits appeared first on Benchmark.

Read more