Posts

Higher Interest Rates Did Not Slow Housing Appreciation; WHY?

A surge in home prices continues despite the fact that interest rates have climbed significantly – and will likely continue to climb at least in the near term. So, the question is, why do prices continue to surge in the face of higher rates? Two Reasons: (1) High demand because of demographics; and (2) Low inventory.Read More

Pre-Qual Letter vs. Pre-Approval Letter; Difference, When & Why

TEXAS DISASTER CERTIFICATIONS This is a brief notice to all of our Texas clients that many lenders are now requiring a Disaster Certificate before they will fund a loan.  This usually entails another interior inspection by an appraiser – to certify that properties are free of storm-related damage on a Form 1004D. PRE-QUAL vs. PRE-APPROVAL […]Read More