Blog

The Cost of Waiting…

If you wait for a lower mortgage rate – it could cost you! The housing market today is truly one for the record books. We’ve seen the lowest mortgage rates in HISTORY. While the rates seemed to bottom out at the beginning of 2021, the window of opportunity for buyers isn’t over yet. If you’ve…

RENTING VS. BUYING

When it comes down to whether you should rent or buy, consider these factors! When you rent, there is no control over the consistency of your payment. Rent prices have been rising aggressively for decades! As a homebuyer, you can lock in a set monthly payment for 15-30 years. You want to build your wealth!…

Home Price Appreciation Skyrocketed in 2021, What will it be in 2022?

One of the major story lines over the last year is how well the residential real estate market performed. One key metric in the spotlight is home price appreciation. According to the latest indices, home prices are skyrocketing this year. Here are the latest percentages showing the year-over-year increase in home price appreciation: The House Price…

Refi Now!

Contact us today to see how a mortgage refinance can help you hit your financial goals. You can pay off debt, lower your rate, lower your payment, drop mortgage insurance if you have it now, use your equity to buy another home, and more! These record low rates will not wait for you. Take action…

1

CashUp Program

Are you an agent looking for all the best options for your clients? Check out one of Evergreen Home Loans programs that can benefit both you and your clients! For more information call us at 206-466-4575 or visit us at Dorman Team

THINKING OF SELLING?

Some Highlights If you’re thinking of selling your house but don’t know what you should buy, know you do have options. Existing homes offer a wide variety of home styles, an established neighborhood, and lived-in charm. Meanwhile, new home construction lets you create your perfect home, cash in on energy efficiency, and minimize repairs. Whether…

New Mortgage Office In Chandler, Arizona

The Dorman Team is excited to announce our newest office location in Chandler, Arizona! We are ready to assist you with your financing needs in this new convenient location. The Dorman Team has over 180 years of combined experience to help with whatever situation comes our way. We believe in a personal experience – no…

image

New Refinance Option For Low Income Borrowers

Federal Housing Finance Agency (FHFA) announces new refinance option for low-income borrowers The Federal Housing Finance Agency (FHFA) announced that Fannie Mae (FNMA) and Freddie Mac (FHLMC) will offer a new refinance option for low-income borrowers starting this summer. Fannie Mae will call the new refinance option RefiNow and Freddie Mac will call it Refi…

Picture

What Is the #1 Financial Benefit of Homeownership and is now a good time to buy?

There are many financial and non-financial benefits of homeownership, and the greatest financial one is wealth creation. Homeownership has always been the first rung on the ladder that leads to forming household wealth. As Freddie Mac explains: “Homeownership has cemented its role as part of the American Dream, providing families with a place that is their own and…

images

2021 Conforming Loan Limits

Conforming Loan Limit Increases to $548,250 Which loans does this apply to? Conventional, conforming loans (those sold to or securitized by Fannie Mae and Freddie Mac, which is a vast majority of the market), both refinances and purchases.Does this apply to FHA/VA/USDA loans? Not immediately, and not equally.  FHA will use the new number to…