Mortgage Blog

Mortgage Blog

Conforming Loan Limits Increase

Conforming Loan Limits Increase

If you are shopping for a mortgage, you may hear the terms conforming and non-conforming, and wonder what exactly they mean. Simply put, conforming loans are at or below the level of debt that can be taken on by Fannie Mae and Freddie Mac. With non-conforming loans, there are additional financial requirements that are part of the mortgage process. Every year the Federal Housing Finance Agency (FHFA) determines the necessary increase in housing prices in order to establish the new conforming loan values.
Nabor October Market Report

Nabor October Market Report

Strong GDP Growth and Lower Mortgage Rates

Strong GDP Growth and Lower Mortgage Rates

It was a good week for mortgage rates in spite of mixed data reports on the economic front. The stock market continued its trend of volatility and finished the week down overall. Concurrent changes in the bond market reflected its inverse relationship with equities, and the continued outlook for a global slowdown also helped to push yields lower. This, in turn, influenced the decrease in mortgage rates
Hipotecas en Naples

Hipotecas en Naples

Hipotecas en Naples
Naples Area Market Report

Naples Area Market Report

Naples 3Q Housing Market Remains Strong
Bonita Springs VA Mortgage

Bonita Springs VA Mortgage

Are you a military veteran who is looking for a Bonita Springs VA home loan? The team at Core Mortgage Financial is here to help you finance the home of your dreams! Our team understands how to efficiently navigate the VA mortgage process and close on your home while avoiding headaches and hassles. Whether you have served in the Army, National Guard, Marines, Air Force, Navy, or Coast Guard, Core Mortgage Financial is considered the best VA mortgage company in Bonita Springs. Let us help you obtain the best financing that is available to you through the VA mortgage program
Strong GDP Growth and Market Volatility Push Yields Lower

Strong GDP Growth and Market Volatility Push Yields Lower

The top takeaway from this week's market performance is the effect that the volatility had on the overall mortgage markets. With a lower market came lower rates, with the major economic news released throughout the week seeming to have little effect. The mixed data didn't seem to move markets either way in any significant form. Strong earnings and GDP growth pushed yields lower and brought mortgage rates down. Analysts maintained their weaker outlook for overall global growth in spite of the release of some strong economic data.
Bay Pines VAHCS to Host Ribbon Cutting Ceremony for New Naples Clinic 10/25/2018

Bay Pines VAHCS to Host Ribbon Cutting Ceremony for New Naples Clinic 10/25/2018

Bay Pines VAHCS to Host Ribbon Cutting Ceremony for New Naples Clinic 10/25/2018
Strong Economic Data

Strong Economic Data

Strong economic data released this week has unsurprisingly pushed rates upward. The expected result of the continued strong employment and wage data has helped to push mortgage rates higher. In fact, this week saw rates surpass heights that they have not seen in years. None of which is good news for rate watchers.
Lehigh Acres VA Mortgage

Lehigh Acres VA Mortgage

Active duty military personnel, reservists, members of the National guard, and certain categories of spouses are eligible for VA mortgages in Lehigh Acres. However, you will want to work with a VA broker who has experience dealing with these specific types of loans. That’s why you need to work with Core Mortgage Financial.