by Jake Donovan | Dec 18, 2024 | Real Estate Tips
Fannie Mae has made the announcement that there are changes coming to the eligibility requirements for a value acceptance (also known as an appraisal waiver.) The changes are part of an initiative to balance the need for a traditional appraisal vs. alternative methods...
by Rob Messenger | Dec 5, 2024 | Loan Limits, Real Estate Tips
The Federal Housing Finance Agency (FHFA) has announced the official loan limits for 2025. The FHFA determined that property values have increased by 5.2% on average from the end of 2023 to the end of 2024. This increase determines the 2025 loan limits so they have...
by Rob Messenger | Oct 24, 2024 | Real Estate Tips
There has been significant buzz recently around the anticipation of Federal Reserve rate cuts. Most people expect the cuts to result in an immediate mortgage interest rate reduction. However the truth is that a decrease in mortgage interest rates can take time and...
by Rob Messenger | Sep 12, 2024 | Real Estate Tips, Refinance
The economic landscape is shifting and the time to refinance is NOW for many! We put together the following market insight to give you an idea of what is happening in the mortgage markets. Refinance Market Insight The key inflation indicator for the FED was flat...
by Mike Benson | Aug 1, 2024 | Real Estate Tips
The state of Vermont has made changes to the transfer taxes paid for a real estate sale. The transfer tax change will result in significantly higher tax for those buying a second home however someone buying a primary residence will see a decrease in the transfer tax...
by Jessica Irwin | Jan 9, 2024 | LegacyRateWatch.com, Real Estate Tips, Refinance
Interest rates have been on the rise and recently reached a high that hasn’t been seen since the 1990’s, according to TIME. We have recently seen a downturn in interest rates. In response, Legacy Mortgage has rolled out an initiative to help Upper Valley...
