St. George Home buyers and Sellers help

05/03/2024

Costly Cancellation

President Biden’s student debt cancellation plans will cost between $870 billion and $1.4 trillion. $620 billion has already been spent, and the latest plan will cost between $250-$750 billion more. That’s more than will be spent on universal pre-K and childcare through 2034, about equal to all projected education appropriations through 2034, and costs more than tripling the Pell Grant program. Worse, the plan raises education costs and is regressive.

12/01/2022

High Housing

Due to rising prices, the maximum size of Fannie Mae and Freddie Mac conforming loans is now $726,200, and in high-cost areas a mind-numbing $1,089,300. If the argument is that this boosts affordability, it’s dead wrong! Raising limits allows more people to qualify for a fixed number of houses, and that reduces affordability. Instead, raid Fannie and Freddie and use the money to build more houses, that will increase affordability. Elliot Eisenburgh

11/19/2022

11/10/2022

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Rent-to-own homes is a way for you to buy a home while renting it for a certain period of time. This article goes over what it is and how it works. Read more!

10/31/2022

There was a slight increase in refinancing during the week ended October 21, but overall mortgage applications fell for the fifth straight week. The Mortgage Bankers Association (MBA) said its Market ...