by Chris Kobz, SVP & Director of California Employee Loan Program | Dec 3, 2024 | First Time Home Buyers, Home Buying, Market Update, Real Estate
More Buying Power for Homebuyers in 2025: Conforming Loan Limits Raised to $806,500! Big news for homebuyers—your purchasing power just got a boost! The Federal Housing Finance Agency (FHFA) has announced an increase in the conforming loan limit for...
by Chris Kobz, SVP & Director of California Employee Loan Program | Nov 13, 2024 | Home Buying, Home Refinance, Market Update, Mortgage Rates
With all the news about the Federal Reserve lowering rates, you’d think mortgage rates would be plummeting. Unfortunately, it hasn’t quite played out that way—mortgage rates have actually been inching up! So, what gives? Fed Cuts vs. Mortgage Rates: A Misunderstood...
by Chris Kobz, SVP & Director of California Employee Loan Program | Nov 5, 2024 | First Time Home Buyers, Home Buying, Home Prices, Market Update, Mortgage Rates
With the presidential election around the corner, mortgage rates might be feeling the effects, depending on who wins. Here’s a quick look at what could happen: Rates Are Rising Mortgage rates have increased in recent weeks, influenced by market expectations...
by Chris Kobz, SVP & Director of California Employee Loan Program | Oct 23, 2024 | Home Refinance, Market Update, Mortgage Rates, Technical Mortgages
Stay Ahead of the Market with the California Employee Loan Program (CELP) Team at Fairway Independent Mortgage Corp. The California Employee Loan Program (CELP) Team at Fairway Independent Mortgage Corp. is proud to introduce a new service designed to make...
by Chris Kobz, SVP & Director of California Employee Loan Program | Sep 26, 2024 | First Time Home Buyers, Home Buying, Technical Mortgages
If you’re self-employed or have income that’s hard to show through tax returns or pay stubs, getting a mortgage might seem tricky. But don’t worry—there’s a loan just for you: the bank statement loan. In this guide, I’ll walk you through what it is, how it...
