< Back to all branch locations
admin login JOIN USOUR TEAM PARTNER WITH US

News & Resources

Have you ever passed a neighbor’s yard and found yourself green with envy over their lush, weed-free lawn? With a few adjustments, you too can have a yard just as beautiful come spring. It may be strange to think about this now, when a canopy of leaves is just beginning to give your brown patches cover, but there are some steps you can take before winter that will benefit the overall look and health of your lawn. Read More
For a third consecutive year, New American Funding has received multiple Stevie® American Business Awards, including a Stevie® gold as “Company of the Year. ”  The prestigious awards annually recognize the achievements of businesses and working professionals throughout the U. Read More
You hear almost every day, especially from millennials and first-time homebuyers, that’s it’s almost impossible to buy a house today.   And while it’s true that wages are struggling to keep up with housing prices, it wasn’t necessarily a picnic for your parents or grandparents either to purchase a house when they were just starting out. Read More
One reason to invest in real estate is asset appreciation. Even if a property has been neglected or abused, it is likely to rise in value. Read More
A sure way of attracting the attention of a seller, especially in a hot housing market, is to make an all-cash offer. After all, it eliminates any suspense about your ability to close the deal. Read More
As you head toward your closing date, one of the most helpful things you can do to prepare for homeownership is to make sure you are properly equipped. With the right tools, you can literally nail this home owning thing on the first try!   Tape Measure and Level A tape measure and level will come in handy for centering and leveling shelves, hanging pictures, and installing curtain rods. Read More
As a Real Estate Agent, meeting new people is one of the fun parts of the job. However, when you find yourself in strangers’ homes and in the company of clients you may have only recently met, it can still help to be proactive. Read More
Any day is a good day to reduce your outstanding balances. This especially true given that most American workers’ take-home pay recently rose as new, lower tax brackets took effect. Read More
With the economy strengthening throughout 2017 and general expectations for it to continue to be healthy, it’s believed that the Federal Reserve Bank (Fed) will increase interest rates during 2018. The increases are expected to be small and are being done to bring the overall level of short-term rates back to what is considered by economists as a "neutral position. Read More
While March 23 is National Puppy Day, any day you find yourself looking into a pair of adoring brown eyes and see a wagging tail has the potential for being a day to celebrate puppies. It's just as likely to also be the day you open your home to a new family member. Read More

Feeds

New Home Sales, Prices Faded in October

Posted To: MND NewsWire

The Mortgage Bankers Association (MBA) notes that applications for the purchase of new homes declined by 2.1 percent in October compared to the same month in 2017. Those applications were also 11 percent lower than in September. The information, taken from responses to MBA's Builder Application Survey, does not include any adjustment for seasonal patterns. Based on the survey results and other assumptions including about market coverage, MBA estimates that new single-family home sales were at a seasonally adjusted rate of 673,000 in October, an increase of 4.7 percent from the September sales rate of 643,000 units. On an unadjusted basis, the MBA projects 53,000 new home sales occurred during the month, up by 6 percent from 50,000 sales in September. Conventional loan applications accounted...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.

Mutual Mortgage Insurance Fund Outperforms for Fourth Year in a Row

Posted To: MND NewsWire

The Federal Housing Administration (FHA) said on Thursday that its Mutual Mortgage Insurance Fund (MMI Fund) exceeded its congressionally mandated minimum reserves in FY2018 for the fourth year in a row. In its 2018 Annual Report to Congress the agency said its Capital Reserve Ratio was 2.76 percent at the end of the year, an 0.58 percentage point increase from FY2017. The Economic Net Worth of the fund was $34.8 billion an increase of more than $8 billion from the previous year. The figure is comprised of Total Capital Resources of $49.24 billion and a negative Cash Flow NPV of -$14.38 billion. FHA is required to maintain reserves to cover estimated losses plus a capital cushion of 2.0 percent of all Insurance-in-Force (IFF). This 'Capital Ratio' is calculated by dividing the Fund's Economic...(read more)

Forward this article via email:  Send a copy of this story to someone you know that may want to read it.