by Team Lally | Aug 12, 2015 | Island Living in Hawaii, Oahu Real Estate
This year, both Freddie Mac & Fannie Mae have introduced new programs that only require a 3% down payment on a mortgage in order to purchase a home. Earlier this month, the Mortgage Bankers’ Association reported that adjustable-rate mortgages (ARMs) may be...
by Team Lally | Aug 11, 2015 | Island Living in Hawaii, Oahu Real Estate
Now that the housing market has stabilized, more and more homeowners are considering moving up to their dream home. With interest rates still near 4% and home values on the rise, now may be a great time to make a move. Sellers should realize that waiting while...
by Team Lally | Aug 10, 2015 | Island Living in Hawaii, Oahu Real Estate
< alt="Where Are Mortgage Rates Headed? This Fall? Next Year? | Simplifying The Market" width="750" height="410" /> The interest rate you pay on your home mortgage has a direct impact on your monthly payment. The higher the rate the greater the payment will be. That...
by Team Lally | Aug 7, 2015 | Island Living in Hawaii, Oahu Real Estate
Some Highlights: According to Freddie Mac, 40% of buyers are putting less than 10% down, with many putting down as little as 3%. Have a budget and stick to it! Know your credit score and history! Reach out to a professional who can help you with the process! Source:...
by Team Lally | Aug 6, 2015 | Island Living in Hawaii, Oahu Real Estate
There is a plethora of real estate information available today in the news and on the internet. It can be extremely confusing at times. If you are thinking of buying or selling, you need an agent who can help make sense of this rapidly evolving housing market. You...
by Team Lally | Aug 5, 2015 | Island Living in Hawaii, Oahu Real Estate
In their latest Housing Market Insight & Outlook report, Freddie Mac revealed that recent low down payment initiatives have raised concerns that we may be returning to the same lax mortgage qualifications that caused the housing crisis from which we are just now...
